Maximizing National Product by the Choice of Industries
DOI:
https://doi.org/10.30541/v21i2pp.93-103Abstract
The purpose of this paper is to bridge a communication gap between economists and public opinion. It is the author's answer to a stubborn misunderstanding. He shows why in the early phases of development concentration on lbour-intensive activities maximizes national product and, consequently, the possibility to grow. An additional argument in favour of such a policy is that it contributes maximally to reducing unemployment.
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Published
2022-12-23
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Maximizing National Product by the Choice of Industries. (2022). The Pakistan Development Review, 21(2), pp.93-103. https://doi.org/10.30541/v21i2pp.93-103