Download or read book The Micro-Economics of Peasant Economy, China 1920-1940 written by Thomas B. Wiens and published by Routledge. This book was released on 2018-12-07 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objectives of this study, first published in 1982, are to elaborate a micro-economic model which adequately explains the interrelationships among economic forces determining the distribution of income in a peasant economy in the early stages of transition to industrialization. It also examines the development of the ‘dual economy’, an economy composed of a large peasant agricultural sector with its ancillary handicraft sector, both traditional in techniques and institutions, and a small but growing modern industrial sector.