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The division of labour is the separation of the tasks in any economic system or organisation so that participants may specialise (specialisation).Individuals, organisations, and nations are endowed with or acquire specialised capabilities, and either form combinations or trade to take advantage of the capabilities of others in addition to their own.
The Division of Labour in Society (French: De la division du travail social) is the doctoral dissertation of the French sociologist Émile Durkheim, published in 1893. It was influential in advancing sociological theories and thought, with ideas which in turn were influenced by Auguste Comte .
The social division of labor also creates trade markets and prices, which operate in part by comparing the cost and time required to make each product. This type of relationship can be socially and economically advantageous; however, too much specialization can also lead to major disadvantages.
In economics, the new international division of labour (NIDL) is an outcome of globalization.The term was coined by theorists seeking to explain the spatial shift of manufacturing industries from advanced capitalist countries to developing countries—an ongoing geographic reorganisation of production, which finds its origins in ideas about a global division of labor. [1]
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The United States Department of Labor (DOL) is one of the executive departments of the U.S. federal government.It is responsible for the administration of federal laws governing occupational safety and health, wage and hour standards, unemployment benefits, reemployment services, and occasionally, economic statistics.
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A ministry of labour , or labor , also known as a department of labour, or labor, is a government department responsible for setting labour standards, labour dispute mechanisms, employment, workforce participation, training, and social security. Such a department may have national or regional (e.g. provincial or state-level) authority.