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Mainspring of economic development

By: Material type: TextTextPublication details: London; Croom Helm; 1980Description: 162 pISBN:
  • 856644560
Subject(s): DDC classification:
  • 338.9 MAI
Summary: From a narrow technological and economic point of view, the industrial revolution is regarded as the process by which a society gains control of vast sources of energy and thereby experiences accelerated economic growth. How ever such a definition has serious limitations as it does not do justice to this phenomenon either as regards the distinct origin of the phenomenon itself, or as regards à cultural, economic, social and political implications. Also it does not deal with the phenomenon of the growth of technology and industries in economies where agriculture and large human resources remain underdeveloped; in other words it does not make any distinction between cases of industrial revolution and of imported industrialisation. Using the experiences of the industrial revolution and of imported industrialisation during the nineteenth and twentieth centuries, this study presents a new approach in the analysis of the process and problems of economic development, and will be of value to all those concerned with economic and demo graphic history.
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From a narrow technological and economic point of view, the industrial revolution is regarded as the process by which a society gains control of vast sources of energy and thereby experiences accelerated economic growth. How ever such a definition has serious limitations as it does not do justice to this phenomenon either as regards the distinct origin of the phenomenon itself, or as regards à cultural, economic, social and political implications. Also it does not deal with the phenomenon of the growth of technology and industries in economies where agriculture and large human resources remain underdeveloped; in other words it does not make any distinction between cases of industrial revolution and of imported industrialisation.
Using the experiences of the industrial revolution and of imported industrialisation during the nineteenth and twentieth centuries, this study presents a new approach in the analysis of the process and problems of economic development, and will be of value to all those concerned with economic and demo graphic history.

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