Features of sucessful regions Flashcards
What are examples of factors that measure sucess
-high levels of employment
-high output levels (like GDP)
-high inward migration (domestically or international)
-low levels of deprivation
what are successful regions
-self sustaining
-investment and people are drawn to an area that is perceived to be doing well
what is sometimes a result of successful regions
-negative externalities
-such as traffic conjestion and high property prices
what model links to successful regions
-the cumulative causation model
how does the model link to successful regions
-how some areas become increasingly the centre of economic activity
-how economic activity can lead to prosperity and increased economic development