Question

    In which dual-sector economic model is labor considered

    surplus in the traditional agricultural sector, leading to labor transfer to a modern industrial sector?
    A Boserup Correct Answer Incorrect Answer
    B Karl Marx Correct Answer Incorrect Answer
    C Fei-Ranis Correct Answer Incorrect Answer
    D Lewis Correct Answer Incorrect Answer
    E Rostow Correct Answer Incorrect Answer

    Solution

    The Lewis model explains development through the transfer of surplus labor from a low-productivity agricultural sector to a high-productivity industrial sector, crucial in labor-abundant economies.

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