A production system where various workers concentrate on different specialized tasks to contribute toward a whole product is referred to as

A) a coincidence of wants.
B) roundabout production.
C) freedom of enterprise.
D) division of labor.

Division of Labor

The assignment of different parts of a manufacturing process or task to different people to improve efficiency.

Specialized Tasks

Distinct components of a job designed to be performed by individuals with specific skills or training, often to increase efficiency.

Coincidence of Wants

In barter economies, this refers to the situation where two parties each possess an item the other wants, making an exchange possible without the need for money.