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Author Question: What makes the Lewis model a development model rather than a growth model? What insights on ... (Read 174 times)

ETearle

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on: Jun 30, 2018
What makes the Lewis model a development model rather than a growth model? What insights on development can be derived from the model?
 
  What will be an ideal response?

Question 2

A plan that sets targets to cover all major aspects of the national economy is known as a/an _____ plan:
 
  (a) interindustry
  (b) complete
  (c) comprehensive
  (d) economic


bimper21

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Reply #1 on: Jun 30, 2018
Answer to Question 1

The basic point here is that Lewis is addressing structural change, rather than the rate of growth, and starts with a characterization of a poor country rather than an abstract economy. The insights derive from addressing the peculiarities of subsistence and modern sectors, and the problems of transition of a population from one to the other.

Answer to Question 2

C


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