Agriculture during Industrialization

Abstract

In most countries modern economic development Has centred on industry and has been accompanied by increased agricultural output. In countries where industrialization has not been accompanied by agricultural expansion the result has been the hindrance of economic development, as increases in agricultural prices have led to rising wages and falling profits. In this chapter we will consider whether agricultural growth contributed to early modern economic growth in Japan, and if it did, in what ways? This analysis will, we hope, provide some valuable lessons for developing countries.