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 give voicement is defined as, the progressive process of human, cultural, political, economic and social change, which shapes peoples lives. The s prohibitedhern countries particularly the Caribbean have been classified as develop countries, which are still somewhat dependent on the metropolis 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 emergencyed to be interpreted for the British West Indies to develop. Sir Arthur Lewis policy aided in the nurture 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 genius 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 care the U.S.A and later the Caribbean.

Industrialization became the mechanism used for a family to make the transition from a traditional, travail intense economic system 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 realise that the British West In dies could not do it on their own, they woul! d need financial aid, in the form of investments which could stimulate Industrialization. later Lewis canvas 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 claim a full essay, order it on our website: BestEssayCheap.com

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