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For traditional agriculture to become a productive sector of the economy in the developing countries requires the kind of analysis that has been given to industrialization.  Mr. Schultz concentrates here on the economic problem confronting traditional agriculture.  He presents a theoretical approach leading to important new hypotheses that explain the economic stagnation of traditional agriculture, and he then tests his hypotheses empirically.  He identified the sources of profitable economic growth in transforming traditional agriculture, and discusses investment comprehensively, including both new material inputs and investment in farm people 

Publication Details

  • Publisher: Yale University Press
  • Dewey Decimal: 338.1
  • ECHO Library: 338.1 SCH