DUALISTIC APPROACH TO ECONOMIC GROWTH

In economic science is a fairly large diversity of economic development of society,based on various factors and approaches in the process of its analysis. One of these concepts is dualistic theory of economic growth. The model is based on two economic sectors: agricultural with land and labor as the basic factors of production and industrial, dominated by capital and labor. Currently, it is believed that overcoming of dualism is only possible with the implementation of the global agrarian transformations, as well as increase funding in agriculture. This will give the opportunity to reduce the gap in income levels in the city and the village, and also lead to economic development.