From Classical Economics to Development Economics pp 121-134 | Cite as
Peasant and Plantation in Asia
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Abstract
Peasant and plantation are two contrasting modes of agricultural production in less developed countries (LDCs). The term “plantation” refers here to a large farm estate producing a crop (or crops) for commercial purposes and employing a relatively large number of hired wage laborers organized under a central management hierarchy.1 It is a new institution brought by Western colonialism in order to extract tropical agricultural products for export to home countries. In tropical Asia it became common especially after the 1870s with major innovations in transportation such as opening of the Suez Canal and use of steamships and railways.
Keywords
Plantation System Scale Economy Unused Land Family Labor Agrarian OrganizationPreview
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