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21 February, 15:58

Specialization causes individuals and nations to rely on one another thus increasing the degree of

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  1. 21 February, 16:17
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    They increasing the degree of production efficiency.

    Due to specialization, one nation could produce a certain product with lower cost or greater quality compared to other nations.

    Because of this, other nations could simply fulfill the need for that specific product from that specialized nation, and choose to allocate their time and resources to produce another type of products.
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