... As the years passed and industrialization and technology appeared, the labor force in the United States in 1987 become to 3 per cent. This phenomenon is very common in the developed nations, although in less developed countries such as Indonesia, Brazil, Korea, the agricultural labor force tends to diminish, but with a lower rate than developed countries. Secondly, another characteristic of modern economic growth is urbanization. The population in less developed countries tends to move in the industrialized countries because the large firms demand plenty of labor force, in order to produce satisfactorily. Also, firms which produce a big amount of output, it is necessary to be close to the main urban areas, where the greater amount of consumers live there. Concisely, in a modern economic growth, the developed economies tend to shift away from agricultural sector and to increase the industrial sector. There are two main sources of economic growth, the ...

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