Lesson 4.1 The Global City Flashcards
A sociologist Popularized the term “global city”
Saskia Sassen
Saskia Sassen initially identified three global cities:
New York, London, Tokyo
Hubs of global finance and capitalism
Global City
Global city also called
“Alpha city”, “World city”, “World center”
main nodes of triumphant capitalism
command center
manage and guide the global economy
strategic sites
The Global City and its Characteristics
- Economic power
- Existence of powerful political hubs
- Center of higher learning and culture
global cities are centers of authority for they house many headquarters of major organizations and the home of political influences.
existence of powerful political hubs
Top universities like Harvard University in Boston, National University of Singapore, and others have become popular destination for many students and scholars across the globe
Center of higher learning and culture
Global cities are key location for finance and specialized service firms, which have replaced manufacturing as the leading economic services
Economic power
Global cities are centers of higher learning and culture for they are hubs for higher education and home for many creative industries
Center of higher learning and culture
Challenges of a Global City
- Great avenues of great inequality
- Gentrification
- Lack sustainability
- Targets for terror attacks
The phenomenon of driving out the poor in favor of newer, wealthier residents.
Gentrification
Presence of highly polarized communities composed of the rich and poor
Great avenues of great inequality
We see that ________remain to be sites and mediums of globalization.
global cities
