Induced Adjustment and the Role of Agriculture in Economic Development: A Case Study of Egypt and Syria

The initial economic development of United Kingdom, the United States, and Japan began with the development of agriculture, which in due course provided the marketable agricultural surplus of raw materials for their industry and of food for their industrial workers, in addition to the purchasing power to their agriculturists for buying the industrial goods produced. The realization of this historical role of agriculture in the process of modern …