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Title: "Fei-Ranis Dual Economy Model | Lewis Dual Sector Model | Theory of Migration | UGC NET Exams" Welcome to "The Scholar's Group" YouTube Channel This is the 14th lecture in our series on the "Theory of Migration," part of the UGC NET Population Studies syllabus. In this lecture, we cover the Fei-Ranis Model of Economic Development, a significant extension of the Lewis Dual Sector Model (Explained in Lecture -12). This model highlights the transition from an agricultural economy to an industrial economy, focusing on labor surplus, capital accumulation, and economic growth. 🔍 What You’ll Learn: ✅ Key assumptions and features of the Fei-Ranis Model ✅ How labor migration drives industrialization ✅ The role of capital formation in economic development ✅ Some other important concepts 📚 This lecture is most perfect for: UGC NET | JRF | Population Studies | Economics | Geography | Social Sciences | Public Health | UPSC | PCS etc and other allied science aspirants 📢 Don't forget to LIKE, SHARE & SUBSCRIBE to "The Scholar’s Group" for more insightful content on UGC NET preparation! 🔔 Hit the bell icon to stay updated with our latest videos. 💬 Drop your thoughts/ feedbacks and questions in the comments below! I would love to hear from you. 👇 #FeiRanisModel #EconomicDevelopment #UGCNET #PopulationStudies #DualEconomyMode #DualSectorModel #EconomicGrowth #DevelopmentEconomics #MigrationTheory #TheScholarsGroup