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Cover image for book The Micro-Economics of Peasant Economy, China 1920-1940

The Micro-Economics of Peasant Economy, China 1920-1940

By:Thomas B. Wiens
Publisher:Taylor & Francis
Print ISBN:9781138368859
eText ISBN:9780429768644
Edition:1
Copyright:1982
Format:Reflowable

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The objectives of this study, first published in 1982, are to elaborate a micro-economic model which adequately explains the interrelationships among economic forces determining the distribution of income in a peasant economy in the early stages of transition to industrialization. It also examines the development of the ‘dual economy’, an economy composed of a large peasant agricultural sector with its ancillary handicraft sector, both traditional in techniques and institutions, and a small but growing modern industrial sector.

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