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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.
Hence OG represents the amount of labor absorbed into the industrial sector. In that case, the labor remaining in the agricultural sector is OG. This OG amount of labor produces an output of GF, out of which GJ amount of labor is consumed by the agricultural sector and JF is the agricultural surplus for that level of employment.
The job market consists of a majority of blue collar and white collar jobs. The primary sector generally contains the higher-grade, higher-status, and better-paid jobs, with employers who offer the best terms and conditions. The primary sector is sometimes sub-divided into an upper and lower level.
Confronting these environmental challenges, Florida's agricultural sector—which plays an integral role in the state's economy and food supply—is at an inflection point.
Dual economies are common in less developed countries, where one sector is geared towards local needs and another to the global export market. Dual economies may exist within the same sector, for example a modern plantation or other commercial agricultural entity operating in the midst of traditional cropping systems.
Fortune 500 companies based in Houston [1] Rank Company name 12: ExxonMobil: 48: ... Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; ...
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