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What is Lewis and Harris-Todaro Migration Models about?

The document discusses rural-urban migration and the informal urban sector. It notes that rural-urban migration exceeds the availability of jobs in the formal urban sector. As a result, migrants take on short-term odd jobs or invest in education for long-term employment. However, urban unemployment only decreases if industrialization outpaces population growth. The informal sector is characterized by ease of entry, reliance on indigenous resources, family ownership, small-scale operations, and skills acquir

Author

Abhimanyu Singh

Language

EN