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2. What are the criticisms of the Stages Model? 3. What are the assumptions of L

ID: 1112900 • Letter: 2

Question

2. What are the criticisms of the Stages Model? 3. What are the assumptions of Lewis' two-sector model? Can you give some examples that could this model fail? 4. According to Todaro model, why would we say that to work in the manufacturing sector is risky? Please use his model and related mathematics formula to support your statement. 5. Follow slides 7, page 37-38, derive the formula of total fertility rate, and state why the countries shown up in slides 7, page 11 could have same total fertility rate, but different age-specific fertility rate curves.

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