1. Business
  2. Economics
  3. arthur lewis has a model in which the surplus labor...

Question: arthur lewis has a model in which the surplus labor...

Question details

Arthur Lewis has a model in which the surplus labor is moved out of the backward agricultural sector and productively employed in the modern industrial sector. This process is known as modern sector enlargement. Do you think that this process is capable to deal with the problems of poverty and income inequality in all developing countries? You may argue for or against the Lewis Model
Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution