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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
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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