Describe briefly the essential assumptions and major features of the Todaro model of rural-urban migration. One of
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Describe briefly the essential assumptions and major features of the Todaro model of rural-urban migration. One of the most significant implications of this model is the paradoxical conclusion that government policies designed to create more urban employment may in fact lead to more urban unemployment. Explain the reasons for such a paradoxical result.
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The Todaro model of ruralurban migration proposed by American economist Michael Todaro is a crucial theory explaining why people move from rural areas ...View the full answer
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