Sir Arthur Lewis (Economist)

Sir Arthur Lewis was a renowned economist who explained how developing countries can grow their economies. He focused on the idea that these countries often have a traditional, rural sector with surplus labor—meaning people work in agriculture but aren't fully needed there. By shifting some workers to modern industries like manufacturing, these countries can increase production and income without hurting their rural communities. His work helped shape economic strategies for development and earned him the Nobel Prize in Economics in 1979. Essentially, he showed how careful transition from traditional to modern sectors can drive economic growth in developing nations.