Specialization in Production
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Basic Economics with TLR
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Specialization in Production
- 2. Specialiazation is a method of production where a business, area or economy focuses on the production of a limited scope of products or services to gain greater degrees of productive efficiency within an overall system.
- 3. •the basis of global trade, as few countries have enough production capacity to be completely self- sustaining.
- 4. Specialization Sorsogon/Bicol • Pili • Coconut • Rice General Santos • Tuna
- 5. United States • 39,630 - Aircraft Saudi Arabia • 11.75 million barrels per day
- 6. Specialisation requires trade. Specialisation and trade means that countries that produce no oil can consume oil products and countries with large reserves of raw materials can export them in exchange for other goods that they need. This helps reduce the problem of scarcity in individual countries and enables countries PPF to shift outwards.
- 7. Forms of Specialization • By Occupation or Trades • By Tasks • By Stages • By Territories or Geographical Districts: the Localization of Industries
- 8. Specialization By Occupation or Trades •The simplest and most obvious form of specialization
- 9. Eleven Big Occupational Groups: 1. Agriculture 2. Domestic and Personal Service 3. Professional Service & Recreation 4.Public Service 5. Fishing
- 10. 6. Forestry and Hunting 7. Mining & Quarrying 8. Manufacturing & Mechanical Industries 9. Transportation and Communication 10.Clerical 11. Trade
- 11. Professional Service Education • Elementary & Secondary • Major in Filipino, Math, English, etc • Masteral • Doctoral BSBA Accounting Marketing Managemen t
- 12. Specialization By Task •divided according to the skill and judgment required from the laborer
- 13. Example Farmer with a big area • Hires a man to plow and harrow the field • Others to plant seed • Others may be engaged in doing some other kinds of work related to farming Producing of Cars • Some workers will design the cars • Some will work on testing cars • Some will work on marketing • Some workers will work on different sections of the assembly line. Their job may be highly specific such as putting on tyres e.t.c.
- 14. Specialization by Stages •Or process •Undergo series of stages in which producers contributed their part
- 15. Video Example •Systematic Production of Smart Phones in China
- 16. Specialization By Territories or Geographical Districts •Based upon differences in climate, soil fertility, availability of raw materials, power and fuel supplies, density of population & availability of labor supply.
- 17. Example Sugar • Negros Occidental • Tarlac • Nueva Ecija • Bulacan - The soil are well suited to the growth of the product Gold • Mountain Province • Camarines Norte
- 18. Transportation •Choosing the right mode of transport is essential to ensure your import or export operation is efficient and cost- effective.
- 19. four ways of importing and exporting Road RAIL
- 20. Air Sea
- 21. How your type of goods may influence your decision •Match the transport mode with the goods you’re moving. For example, if you import fresh fruit or other perishable items, speed is important. Transport by ship or road may not be quick enough.