Industrialization

To what extent can it be argued that Sir Arthur Lewis insurance of Industrialisation by Invitation aided in the increase of the B.W.I According to Nassur Mustapha havement is specify as, the progressive process of human, cultural, political, economic and social change, which shapes peoples lives. The s push throughhern countries especially the Caribbean harbour been classified as develop countries, which are still fair dependent on the city which once colonized them. Sir Arthur Lewis in the immediate post- World cope II period advocated industrial enterprise of the British western United States Indies; he adopted a indemnity c everyed Industrialization by Invitation. He felt that this was a shout give-up the ghosted to be taken for the British West Indies to develop. Sir Arthur Lewis policy aided in the increase of the B.W.I provided the policy itself also hindered ontogeny as hearty as left out study aspects of development. The Industrial renewing was cardinal of those historical events which drastically changed societies all over the world. despite the rotary motion having its roots in Europe, particularly Britain it then disperse to places kindred the U.S.A and later the Caribbean.

Industrialization became the chemical mechanism used for a caller to make the transition from a traditional, repel intense frugality based on kitchen-gardening (agrarian) to a more capital- intense economy based on manufacturing by machines, narrow labour and Industrial factories. Sir Arthur Lewis recognized the greatness of Industrialization but recognise that the British West Indies could not do it on their own, they would need financial aid, in the framing of investments which could stimulate Industrialization. later Lewis examine the system known as Operation bootstrap (policy of intentionally inviting foreign direct investors) in Puerto Rico, he tag out to adopt and implement alike(p) in the British West Indies. The economies of the British Caribbean were mainly rude and there was a...If you penury to get a full essay, graze it on our website: Orderessay

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