Explore the concept of division of labor

For Term Paper #1 I’d like you to explore the concept of division of labor. Please make sure to address the following questions:How important is the division of labor to a capitalist economy?How does the division of labor lead to more efficient production?What are some examples of division of labor and specialization from your personal experiences?Complete this essay in a Microsoft Word document in APA format. Your work will automatically be submitted to Turnitin for plagiarism review. Please note that a minimum of 700 words for your essay is required