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This is partly because economies of scale and specialization of labor boost output per worker.
It appears that economies and industries are locked into scale and specialization for survival.
Whether the outcomes of policies based on scale and specialization led to global economy moving from bad to worse over these business cycles is yet to be analyzed.
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We can make a rough, but useful distinction between specialization to a task and specialization to an environment.
Here, we address the question of the geographic scale of specialization and investigate its consequences for genetic differentiation in a system in which speciation has not (yet) occurred.
Once these kinds of transaction costs exceed the benefits brought by the division of labor and specialization, the diseconomies of scale emerge (Williamson 2011, 144-48).
The food distributor, which has CSA and wholesale operations, was able to achieve scale through specialization amongst its farmers and pooling resources, which Morgenthau described as an "elegant solution".
The food distributor, which has CSA and wholesale operations, was able to achieve scale through specialization amongst its farmers and pooling resources, which Morgenthau described as an "elegant solution". "They didn't try to become in one fell swoop a full-scale grocer.
"Quidsi had figured out a combination of specialization and scale and actually could fulfill orders more efficiently than Amazon," said Jordan Rohan, an analyst at Stifel Nicolaus.
There is no other such system in terms of scale and the range of metallogenic specialization on the planet (Zoloev et al. 2012).
Immigrants boost economic efficiency because of the scale, specialization, and flexibility they contribute to production.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com