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The Dual Sector model, or the Lewis model, is a model in developmental economics that explains the growth of a developing economy in terms of a labour transition between two sectors, the subsistence or traditional agricultural sector and the capitalist or modern industrial sector.
Location of Egypt. Egypt is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia by a land bridge formed by the Sinai Peninsula.Egypt's economy depends mainly on agriculture, media, petroleum imports, natural gas, and tourism; there are also more than three million Egyptians working abroad, mainly in Saudi Arabia, the Persian Gulf and Europe.
In 1952 Egypt’s private sector accounted for 76 percent of economic investment. Following the nationalization plans carried out by President Gamal Abdel Nasser in the effort to build a post-independence socialist state, this percentage drastically shifted within a few decades to government investment accounting for over 80 percent of economic investment. [1]
A dual economy is the existence of two separate economic sectors within one country, divided by different levels of development, technology, and different patterns of demand. The concept was originally created by Julius Herman Boeke to describe the coexistence of modern and traditional economic sectors in a colonial economy.
According to this theory, the primitive sector consists of the existing agricultural sector in the economy, and the modern sector is the rapidly emerging but small industrial sector. [3] Both the sectors co-exist in the economy, wherein lies the crux of the development problem.
Agriculture companies of Egypt (1 C) F. Farms in Egypt (1 C, 1 P) Pages in category "Agricultural organisations based in Egypt" This category contains only the ...
Category: Agriculture companies of Egypt. 3 languages. ... Fertilizer companies of Egypt (1 P) This page was last edited on 12 December 2021, at 23:04 (UTC). ...
Abu Qir Fertilizers and Chemical Industries Co SAE (ABUK.CA) [3] is a former state-owned company that is one of the largest producers of nitrogen fertilizers in Egypt and the Middle East. [4] It produces about 50% of the Egyptian nitrogen fertilizers. [5] It owns three plants that produce liquid fertiliser, ammonia, urea, and ammonium nitrate. [2]