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Question 27 / 96:  If the world were filled with identical people, would specialization still be useful?
Answer: 

Yes, because (among other reasons) people would still have access to different climates and raw materials, and also because initially identical people will develop different skills over time if they specialize in different occupations.
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Capitalism: The Market Economy

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Attribution:  Dr. Robert P. Murphy, Lessons for the Young Economist. (Mises Institute), http://mises.org/document/6215/Lessons-for-the-Young-Economist (Accessed 04 April, 2014). License: Creative Commons BY
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