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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.
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.
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.
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.
List of Florida companies includes notable companies that are, or once were, headquartered in Florida. This is a dynamic list and may never be able to satisfy particular standards for completeness. You can help by adding missing items with reliable sources .
The DowDuPont agricultural businesses that became Corteva had revenue of over $14 billion in 2017, [7] which would have placed the company in the Fortune 500 for that year. A major part of the company is Pioneer Hi-Bred International, which DuPont purchased in 1999.
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But after two back-to-back hurricanes – Helene and Milton – in late September and early October, the U.S. Department of Agriculture released its December forecast for the 2024-2025 citrus harvest.
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