Adding efficiency is one of the key ways an economy grows. It is the difference between healthy growth and a zero sum game. Here are some of the ways that efficiency is introduced and how well various types of entities are able to implement that efficiency. Specialization & Division of Labor Simply put, have the people that are best at something do that thing, and other people do what they are best at. Imagine a company that employs 100 craftspeople – 50 of them can produce either 1 table or four chairs per hour – the other fifty have slightly different skills and can either produce 2 tables or three chairs per hour. If everyone spends half of their day working on each, the company will end up with 600 tables & 1,400 chairs per day. If the company lets those that are best at making tables, focus on that task and those