"structural transformation of primary subsistence economy for economic development" war proposed by ?
Correct answer: D. Arthur Lewis
- A. Rostow
- B. Keyne's
- C. Carl Marx
- D. Arthur Lewis
Explanation
Arthur Lewis explained development as a structural transformation in which surplus labour moves from a traditional subsistence sector into a modern capitalist sector. Rostow's approach is a separate stages-of-growth model.
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