iMac 24"
>> by: Apple
""one of my favorite monitors.

Relating to "HUMAN ACTION" ::

"Division of Labor__The fundamental social phenomenon is the division of labor and its counterpart human cooperation.
Experience teaches man that cooperative action is more efficient and productive than isolated action of self-sufficient individuals. The natural conditions determining man's life and effort are such that the division of labor increases output per unit of labor expended.

In Effect__The division of labor is the outcome of man's conscious reaction to the multiplicity of natural conditions. It assigns to the various geographic areas specific functions in the complex of the processes of production. It makes some areas urban, others rural: it locates the various branches of manufacturing, excavating, and agriculture in different places. Exercise and practice of specific tasks adjust individuals better to the requirements of their performance; men develop some of their inborn faculties and stunt the development of others. Vocational types emerge, people become specialists.

The division of labor splits the various processes of production into minute tasks, many of which can be performed by mechanical devices. It is this fact that made the use of machinery possible and brought about the amazing improvements in technical methods of production. Mechanization is the fruit of the division of labor, its most beneficial achievement, not its motive and fountain spring. Power-driven specialized machinery could be employed only in a social environment under the division of labor. Every step forward on the road toward the use of more specialized, more refined, and more productive machines requires a further specialization of tasks."

-M I S E S

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