Oppoortunities And Challneges Flashcards
Which areas of london most declined
Inner city arewe of London have mostly delcined e.g London docklands
Deindeustralisation
Decline of industry activity in a region. As factories close in city centre people move to suburbs, city areas empty,shops closed and they decline.
E-commerce
more people shopping online. Less people going to shops as amazon has made deliveries quick
Depopulation
Reduction of people in an area, they move away from an area. East London unemployment rate up to 60%.
Decentralisation
Movement of people, factories,pffices and shops away from city centre to suburbs.
Shopping habits also changed as more by car.
Population and economic growth
Due to counter-urbanisation people moved out from london, often to home countries whose population increased, suburbanisation caused people to move to surbs as houses with gardens and more space. Re-urbanisation caused places such as canary wharf to grow in finance.
Gentrification and studentification
-areas have been gentrified, wealthier people move to run doen areas and improve area
-high student population had led to theiving services and entertainment venues, jobs and wealth
Urban sprawl
Large shopping centres built on edge of city where land is cheaper and more parking. Developed availability of jobs has made people live there
Finance,nusiness and TNC investment
Growth of finance in CBD such as city of london emerged as global centre for banking,insurance and low companies benefit from being close.
TNC Locate headquarters in London because of importance of financial centre
Olympics
Most investment in London was east end as was one of london most deprived areas and now has transport links and athlete gillage has been developed into estate