The text argues that our standard of living depends upon the division of labor, upon the fact that people specialize, develop skills in their specialization, and then exchange for the goods and services they do not produce. Do you think it is possible to carry the division of labor too far? Is it likely that people get so overspecialized that they become alienated, and lose their creativity and their ability to understand a broad range of problems? Suggested Answer: Students should discuss the advantages and disadvantages of division of labor. Someone specializing in the execution of a single operation might master it, but might be quite inadequate at others.