shaylaahayden1381 shaylaahayden1381
  • 06-01-2018
  • Business
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"when economists say that money promotes ________, they mean that money encourages specialization and the division of labor."

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Kalahira
Kalahira Kalahira
  • 19-01-2018
Economists say that money promotes efficiency. In this sense economists are arguing that money encourages specialization/division of labor. This makes sense in terms of people having the desire to earn more money. With money comes many valuable aspects of life. In order to make more money, individuals are encouraged to find and develop job security, which can be attained through specializations.
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