Industrialization

To what extent can it be argued that Sir Arthur Lewis policy of Industrialisation by Invitation aided in the ontogenesis of the B.W.I According to Nassur Mustapha discontinuement is delimitate as, the progressive process of human, cultural, political, economic and social change, which shapes peoples lives. The s byhern countries particularly the Caribbean have been classified as develop countries, which are still somewhat dependent on the urban center which once colonized them. Sir Arthur Lewis in the immediate post- World repugn II period advocated industrialization of the British western United States Indies; he adopted a policy called Industrialization by Invitation. He felt that this was a step postulateed 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 development as hearty as left out major aspects of development. Th e Industrial renewing was one and only(a) of those historical events which drastically changed societies all over the world. despite the transmutation having its roots in Europe, particularly Britain it then disperse to places resembling the U.S.A and later the Caribbean.

Industrialization became the mechanism used for a connection to make the transition from a traditional, task intense rescue based on agriculture (agrarian) to a more capital- intense economy based on manufacturing by machines, narrow labour and Industrial factories. Sir Arthur Lewis recognized the importance of Industrialization but realize that the British West Indies could ! not do it on their own, they would need financial aid, in the form of investments which could stimulate Industrialization. later Lewis analyse the system known as Operation bootstrap (policy of advisedly inviting foreign direct investors) in Puerto Rico, he tag out to adopt and implement similar in the British West Indies. The economies of the British Caribbean were mainly agricultural and there was a...If you penury to croak a full essay, order it on our website: BestEssayCheap.com

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