Specialization is important in an economy because it leads to which important economic concept? voluntary exchange price ceilings government regulation allocation of resources

Specialization is important in an economy because it leads to the important economic concept of allocation of resources.

allocation of resources

Explanation:

Specialization directly refers to the difference in the products manufactured by different producers. Distinct producers have distinct choices of production which allows them to practice specialization in manufacturing.

When different producers manufacture different goods, the allocation of resources takes place based on what their end product is going to be. Thus, the concept of specialization directly relates to the concept of allocation of resources.

its main object was the establishment of "settlement houses" in poor urban areas, in which volunteer middle-class "settlement workers" would live, hoping to share knowledge and culture with, and alleviate the poverty of, their low-income neighbors.

the correct answer is buddhist practice and government structure