Economy, asked by honeyPriyanshu6074, 15 days ago

In the Lewis model, what will cause an expansion in modern sector employment

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Answered by ppriyat10
6

Answer:

According to this model,

since Levis in his model considers overpopulated labour surplus economics he assumes that the supply of unskilled labour to the capitalist sector is unlimited.This gives rise to the possibility of creating new industries and expanding existing ones at the existing wage rate..

Hope it's helpful to you priyan

Answered by Anonymous
4

Answer:

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