3.1 Global City Flashcards
a city which is a primary node in the global economic network
- global city
- power city
-world city - alpha city
- world center
CHARACTERISTICS OF GLOBAL CITY (11)
- A variety of international financial services
- Headquarters of several multinational corporations.
- Domination of the trade and economy
- Major manufacturing centers
- decision-making power
- Centers of new ideas and innovation
- Centers of media and communication
- High percentage of residents employed in the services sector and information sector.
- High-quality educational institutions
- Multifunctional infrastructure
- High diversity
Reasons of Increase in Global City:
The increase in global cities is linked to the __ and the __ within urban centers.
- globalization of economics
- centralization of mass production
Reasons of Increase in Global City:
The cities grow to become global while other suffer __ or __ of their economies.
- deindustrialization
- stagnation
Top 10 Global Cities
- New York
- Tokyo
- London
- Paris
- Sydney
- Singapore
- LA
- Toronto
- Berlin
- Hong Kong
The Global Cities as Engines of Globalization:
1. Global Cities provide __ that produce commodities and firms that provide services such as accounting, banking, information processing, etc.
spaces for industries
The Global Cities as Engines of Globalization:
2. Global Cities offer convenience through __ and __ of products and services
- proximity
- just-in-time production