What are 3 reasons why the division of labor increase an economys level of production?

Division of labor refers to the division of large task into smaller tasks. It is the allocation of tasks to individuals or organizations according to the skills and knowledge they possess. When tasks among workers get divided then each worker is able to produce more efficiently.

Specialization this allows workers to focus on the protection of their specialize talents. Workers that specialize in their task tend to produce higher quality items more quickly. Allows consumers and producers to take advantage of economies of scale.

In financial aspects, a depression is a sustained, long haul downturn in monetary movement in one or more economies. it is a more extreme monetary downturn than a recession, which is a slowdown in financial action through the span of a typical business cycle. a depression is an irregular and extreme type of recession. so depression is always followed by recession but it is not correct to state that a depression always follow a recession.