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The urban environment creates positive externalities that benefit several different industries. Jane Jacobs is often credited with the idea that urban diversity and a city’s size leads to agglomeration economies. However, Marshall’s (1920) [4] discussion of urban diversity predates her work. [5]
For companies: Economic agglomeration would cause fierce competitive pressure. Competition can reduce the market price, motivating companies to innovate and increase production efficiency. [27] However, over-competition would hinder companies' development and innovation, and would also generate some social problems. [citation needed]
Pull factors towards urban areas include expansion of economic opportunity and the infrastructure of cities as administrative centers [2] [7] Shandra recognizes the relationship between push and pull factors, arguing that rural conditions, specifically environmental scarcity, cause decreasing income, decreased stability, and increased health ...
With the increase in emissions from vehicles, this then can cause air pollution and degrades the air quality of an area. Suburbanization is growing which causes an increase in housing development, that then results in an increase in land consumption and available land. Suburbanization has also been linked to increases in natural resource use ...
Economic policy is often implemented at the urban level thus economic policy is often tied to urban policy (McCann 2001:3). Urban problems and public policy tie into urban economics as the theme relates urban problems, such as poverty or crime, to economics by seeking to answer questions with economic guidance.
Urban geography includes different other fields in geography such as the physical, social, and economic aspects of urban geography. The physical geography of urban environments is essential to understand why a town is placed in a specific area, and how the conditions in the environment play an important role with regards to whether or not the ...
The increase of around 16% goes into effect on Tuesday. “It’s gone up for everybody, it’s not just us,” said Spire spokesperson Jason Merrill about the price of natural gas.
Economic pressure and market price changes relate to the speed of gentrification. English-speaking countries have a higher number of property owners and a higher mobility. German speaking countries provide a higher share of rented property and have a much stronger role of municipalities, cooperatives, guilds and unions offering low-price-housing.