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- Habakkuk_thesis abstract "The Habakkuk thesis (proposed and named after British economist, Sir John Habakkuk,) is a theory that argued land abundance and labor scarcity led to high wages, which resulted in the search for labor-saving innovations in antebellum America. This ultimately stimulated the growth of machinery and the development of the American System of Manufacturing. Initially published in Habakkuk’s 1962 work, American and British Technology in the Nineteenth Century: The Search for Labor-Saving Inventions, the thesis garnered attention as the classical interpretation and explanation of American Industrialization. However, the thesis has undergone attack by many critics who argue that the thesis overlooks high interest rates, lack of machinery as capital, and scarce and expensive factors (e.g. labor and capital).".
- Habakkuk_thesis wikiPageID "3976651".
- Habakkuk_thesis wikiPageRevisionID "606587807".
- Habakkuk_thesis hasPhotoCollection Habakkuk_thesis.
- Habakkuk_thesis subject Category:Economic_development.
- Habakkuk_thesis comment "The Habakkuk thesis (proposed and named after British economist, Sir John Habakkuk,) is a theory that argued land abundance and labor scarcity led to high wages, which resulted in the search for labor-saving innovations in antebellum America. This ultimately stimulated the growth of machinery and the development of the American System of Manufacturing.".
- Habakkuk_thesis label "Habakkuk thesis".
- Habakkuk_thesis sameAs m.0b9ml4.
- Habakkuk_thesis sameAs Q5636604.
- Habakkuk_thesis sameAs Q5636604.
- Habakkuk_thesis wasDerivedFrom Habakkuk_thesis?oldid=606587807.
- Habakkuk_thesis isPrimaryTopicOf Habakkuk_thesis.