GEOG 3050 Lecture 5: Lecture 5 - GEOG
9 Feb 2017
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Agriculture and industry has to be pushed together: does not anticipate people not finding employments when they move to a city. Protect industry first and the expose to competition. What happened to us and canada in early 1900s. Economic growth today is very slow due to lack of innovation. Leads to unemployment: lewis observed malaya, burma, india and ceylon, shortage of food in asia, population pressures in india struck him as that country having the most potential for industrialization, economic growth different from economic development. The model: arbitrary choices in method, arbitrary choices in method, capitalist and traditional sectors - drew form modernization theory, labour would move from the traditional sector to the capitalist sector. Lewisian turning point: the point at which the excess labour in the subsistence sector is fully absorbed into the capitalist sector, decline in working age population.
