Habakkuk thesis

专有名词

英文释义

专有名词
  1. The theory that land abundance and labor scarcity in the 19th-century United States led to high wages, which resulted in labor-saving technological innovations and the development of the American system of manufacturing based on the extensive use of machinery and interchangeable parts.

词形变化

the Habakkuk thesis canonical

词源

Proposed by John Habakkuk (1915–2002), British economic historian, in his work American and British Technology in the Nineteenth Century: The Search for Labour-Saving Inventions (1962).
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