Beruflich Dokumente
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AND
STRUCTURAL
CHANGE
Industrialization is that the
economy is transformed from
agricultural to one based on the
manufacturing of goods, it ofte
replace the individual manual labor
to a mechanized mass production
Model of Structural Change
•Interaction between a traditional agricultural sector
and a modern industrial sector
•surplus labor
• They still has large oil and natural gas sector and
some of its resources are devoted to maintaining and
expanding this sector
• it had a late start in the industrialization process
• it has a labor force that lacks education and training
to implement technology in these new industry
• their strategy to leapfrog to higher levels of
technology is not successful and it further held back
the transition to labor intensive industries
The asian experience with industrializaton