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Eduncle posted an MCQ
October 20, 2019 • 16:02 pm 0 points
  • UGC NET
  • Economics

Fei-Ranis's theory of economic development is based on

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    Eduncle Best Answer

    The Fei–Ranis model of economic growth is a dualism model in developmental economics or welfare economics that has been developed by John C. H. Fei and Gustav Ranis and can be understood as an extension of the Lewis model. It is also known as the Surplus Labor model.

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