History, asked by ammueluri23, 3 months ago

what happens if we encourage the countries of developing world to go for industrialisation ,and to upside the Urban Sector at the expense of agriculture sector​

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Answered by swathi21025
1

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RISING above the splendid beaches and swarming markets in the West African capital of Lome, Togo, are a steel mill, an oil refinery, a 36-story luxury hotel, and a ceramics and brick factory. A patina of rust and disillusionment begrimes these dreams of past decades: The oil refinery is closed, the steel mill has been leased to an American, the hotel is mostly empty and the factory no longer makes ceramics.

Similar ''white elephants'' loom over the poverty in dozens of other cities around the world, from the Philippines to Poland, from Argentina to Zambia. Erected in the last few decades, they are monuments to an era in which developing nations aspired to replicate at least the forms of industrial societies, to catch up with the West by building industries to free themselves from the indignity of supplying the raw materials that other nations refined.

That era appears to have ended. Today the watchword of development is not industrialization, as it was in the 1950's, 60's and 70's, but agriculture. In financial ministries around much of the world, in ivory towers from Peking to Boston, and in Washington, development strategies have been turned upside down. Old ideas have become widely discredited. Farmers, not industrial tycoons, are seen now as the pivotal figures who can help pull their countries from the mire of indigence.

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