L5 - India F1 Flashcards

1
Q

What are the typical top down characteristics In developing countries ?

A

They are frequently large scale and involve major corporations and foreign agencies and funding

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2
Q

What are the economical conflicts of top down in F1 India

A

They are frequently unsuccessful because F1 didn’t come to India in 2014 and 2000 construction jobs were only temporary

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3
Q

How much did the property price rose up ?

A

They rose 25% , pricing locals out of the market therefore agriculture land has now gone.

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4
Q

What is one main gain of the F1 project ?

A

Some farmers gained £186,000 in compensation to reinvest Elsewhere

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5
Q

What international circuit focuses international attention on India ?

A

Buddh international circuit

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6
Q

What does Real estate boom leads to ?

A
  • multiplier effect as the money trickles down
    E.g - sports city : cricket and tennis
    E.g - nocturnal zoo and night safari park with 71 species of birds and animals
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7
Q

What are the typical top down characteristics ?

A
  • They are very large
  • They are planned by central government
  • They are expensive
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