Encyclopedia > Intermediate technology

  Article Content

Intermediate technology

Intermediate technology is infrastructural capital that is at least an order of magnitude more expensive than that prevalent in a developing nation but also at least an order of magnitude less expensive than that prevalent in a developed nation offering aid. For instance, if a typical workplace costs $1 to equip with primitive tools, but a competitive modern industrial approach would require a workplace costing $1000, then the 'intermediate technologies' are those that cost $10-$100 per workplace. The term was popularized by E. F. Schumacher[?] and his colleagues working on early human development theory in the 1960s. It was explained in depth in his book "Small is Beautiful[?]", which offered a sharp critique of then-prevalent approaches to development aid.

(this is a stub - please add more)



All Wikipedia text is available under the terms of the GNU Free Documentation License

 
  Search Encyclopedia

Search over one million articles, find something about almost anything!
 
 
  
  Featured Article
Royalist

... - Wikipedia <<Up     Contents Royalist The noun or adjective, Royalist, can have several shades of meaning. At its simplest, it refers to an ...

 
 
 
This page was created in 35 ms