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A basic version of the Sector model. The sector model, also known as the Hoyt model, is a model of urban land use proposed in 1939 by land economist Homer Hoyt. [1] It is a modification of the concentric zone model of city development. The benefits of the application of this model include the fact it allows for an outward progression of growth.
A second theory of urban structure was proposed in 1939 by an economist named Homer Hoyt. [3] His model, the sector model, proposed that a city develops in sectors instead of rings. Certain areas of a city are more attractive for various activities, whether by chance or geographic and environmental reasons.
Homer Hoyt (June 14, 1895 – November 29, 1984) was an American economist known for his pioneering work in land use planning, zoning, and real estate economics. [2] He conducted notable research on land economics and developed an influential approach to the analysis of neighborhoods and housing markets.
It is effectively an urban version of Von Thünen's regional land use model developed a century earlier. [3] It influenced the later development of Homer Hoyt's sector model (1939) and Harris and Ullman's multiple nuclei model (1945). The zones identified are: The center with the central business district,
This creates nodes or nuclei in other parts of the city besides the CBD thus the name multiple nuclei model. Their aim was to produce a more realistic, if more complicated, model. Their main goals in this were to: Move away from the concentric zone model; Better reflect the complex nature of urban areas, especially those of larger size
Goldman Sachs's new sector model suggests more defensive positioning as Wall Street prices in near-record optimism. It points to defensive sectors like utilities and healthcare, which have more ...
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The Sectoral Model, proposed by economist Homer Hoyt in 1939, explores the notion that the development of cities is centralised around transportation lines where wedges of residential land is concentrated by social class. Although, this model acts as a highly generalised theory does not equally represent urban morphologies of the developing world.