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 demotement is be as, the progressive process of human, cultural, political, economic and social change, which shapes peoples lives. The s surfacehern 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 peel II period advocated industrialization of the British western hemisphere Indies; he adopted a policy called Industrialization by Invitation. He felt that this was a step trained to be interpreted for the British West Indies to develop. Sir Arthur Lewis policy aided in the culture 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 unity of those historical events which drastically changed societies all over the world. despite the innovation having its roots in Europe, particularly Britain it then disperse to places comparable the U.S.A and later the Caribbean.

Industrialization became the mechanism used for a party to make the transition from a traditional, hollow intense rescue 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 completed that the British W est Indies could not do it on their own, the! y would need financial aid, in the form of investments which could stimulate Industrialization. later Lewis analyze the system known as Operation bootstrap (policy of deliberately 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 add a full essay, order it on our website: BestEssayCheap.com

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