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Many spatial economic topics can be analyzed within either an urban or regional economics framework as some economic phenomena primarily affect localized urban areas while others are felt over much larger regional areas (McCann 2001:3). Arthur O'Sullivan believes urban economics is divided into six related themes: market forces in the ...
Urbanization over the past 500 years [13] A global map illustrating the first onset and spread of urban centres around the world, based on. [14]From the development of the earliest cities in Indus valley civilization, Mesopotamia and Egypt until the 18th century, an equilibrium existed between the vast majority of the population who were engaged in subsistence agriculture in a rural context ...
The Harris–Todaro model, named after John R. Harris and Michael Todaro, is an economic model developed in 1970 and used in development economics and welfare economics to explain some of the issues concerning rural-urban migration.
Urbanization economies arise when the size of the city leads to an increase in productivity. Los Angeles exemplifies urbanization economies in that it has no single dominant industry, yet continues to grow. Firms which locate in Los Angeles benefit from the common resources and large labor pool found in the city.
Urbanism is the study of how inhabitants of urban areas, such as towns and cities, interact with the built environment. [1] [2] [3] It is a direct component of disciplines such as urban planning, a profession focusing on the design and management of urban areas, and urban sociology, an academic field which studies urban life. [4] [5]
Economic: Economic agglomeration can create some economic benefits but also tends to widen the disparity between rich areas and poor areas and increase interregional inequality. [22] Interregional inequality cannot be prevented because it is a necessary stage during economic development.
Urban sociology is the sociological study of cities and urban life. One of the field’s oldest sub-disciplines, urban sociology studies and examines the social, historical, political, cultural, economic, and environmental forces that have shaped urban environments.
Even in the case of overurbanization, some of the positive effects of urbanization could be present in regards to economic growth, such as the development of more efficient economics due to scale, technological developments, diversity of both products and occupations, as well as "the greater opportunity of occupational and social mobility and ...