Abstract:The process of industrialization engenders increasing income inequality as the labor force shifts from low-income agriculture to the high income sectors. On more advanced levels of development inequal...The process of industrialization engenders increasing income inequality as the labor force shifts from low-income agriculture to the high income sectors. On more advanced levels of development inequality starts decreasing and industrialized countries are again characterized by low inequality due to the smaller weight of agriculture in production (and income generation).Read More
Publication Year: 2019
Publication Date: 2019-07-15
Language: en
Type: book-chapter
Indexed In: ['crossref']
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Cited By Count: 7812
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