The Global City

Question 1

it is used to characterize thriving powerhouse cities that dominate global news and the global economy

Answer 1

global city

Question 2

they are hubs of innovation and enterprise

Answer 2

global city

Question 3

global city is also known as

Answer 3

power city

Question 4

other terms for global city

Answer 4

✓ power city
✓ world city
✓ alpha city
✓ world center

Question 5

several ways in which a a city can be considered as global city

Answer 5

✓ a city should have a powerful, strong, and distinct culture, style, and history.
✓ a global city is metropolis undergoing demographic and economic transformation.
✓ the cost of living is lower than other cities. there are a number of billionaires

Question 6

Theories of Global Stratification

Answer 6

✓ Modernization Theory
✓ Rostow’s Five Stages of Modernization
✓ Dependency Theory and the Latin Experience
✓ The Modern World-System

Question 7

there are
three major and historical factors
that contributed to the
emergence of the modernization
theory of growth following World
War II.

Answer 7

Modernization Theory

Question 8

Modernization Theory

Answer 8

1. the rise of the UN as a superpower
2. the spread of unified global communist movement
3. the fall of european colonial empires in asia, africa, and latin america that gave birth to many Third World countries

Question 9

according to modernization theory, modern cities are

Answer 9

✓ more productive
✓ children are better educated
✓ the needy receive more welfare

Question 10

Rostow’s Five Stages of Modernization

Answer 10

first stage: traditional society
second stage: economic development
third stage: takeoff
fourth stage: urge to maturity
fifth stage: age of high mass consumption

Question 11

prioritize the
most fundamental economic
activities, such as farming and
extraction industries such as
mining and timber harvesting.

Answer 11

first stage: traditional society

Question 12

transitory stage in which the
prerequisites for continued growth and
development are established. This stage is known as
preconditions for takeoff.

Answer 12

second stage: economic development

Question 13

few significant new industries begin
to develop in the national economy,
helping to promote further economic
progress.

Answer 13

third stage: takeoff

Question 14

This stage is all about diversity and
growth. At
this stage of development, the
economy will be establishing new
and more sophisticated
industries.

Answer 14

fourth stage: urge to maturity

Question 15

A high standard of
living marks this stage. Services
and consumer goods replace heavy industry as the engine or
economic growth.

Answer 15

fifth stage: age of high mass consumption

Question 16

underdevelopment in Latin America
and elsewhere is the direct
effect of capital intervention, rather
than a state of “lacking”
development or investment.

Answer 16

dependency theory and the latin experience

Question 17

It is and always has been a
capitalist world economy. A global
economy and a capitalist system go
hand in hand.

Answer 17

the modern world-system