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 exposement is define 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 city which once colonized them. Sir Arthur Lewis in the immediate post- World shin II period advocated industrialization of the British westside Indies; he adopted a policy called Industrialization by Invitation. He felt that this was a step conveyed to be taken for the British West Indies to develop. Sir Arthur Lewis policy aided in the instruction of the B.W.I provided the policy itself also hindered development as hearty as left out major aspects of development. The Industrial renewing was supe rstar of those historical events which drastically changed societies all over the world. despite the vicissitude having its roots in Europe, particularly Britain it then disperse to places corresponding the U.S.A and later the Caribbean.

Industrialization became the mechanism used for a ball club to make the transition from a traditional, wear upon intense deliverance based on agriculture (agrarian) to a more capital- intensive economy based on manufacturing by machines, narrow labour and Industrial factories. Sir Arthur Lewis recognized the importance of Industrialization but know that the British West Indies could not do it on their own, they w! ould need financial aid, in the form of investments which could stimulate Industrialization. later Lewis analyse the system known as Operation bootstrap (policy of intentionally 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 get off a full essay, order it on our website: BestEssayCheap.com

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