What drives the development of large-scale industry of the capitalist economy? What makes it necessary to constantly revolutionize the division of labor and thereby radically change its content? What, finally, serves as a catalyst for the interaction of the laws of division and change of labor? What is the source of the constant emergence and […]
Tag: Competition
Diversification of production
Diversification of economic activity is the expansion of the activity of large firms, associations, enterprises and entire industries beyond the core business, which is understood as the production of goods and services that have the maximum share in net sales compared to other types of products. Diversification – in a broad sense – a strategic […]