Sunday, February 12, 2012

Why are cities important

Why are cities important?
Recently in class we watched a video that portrayed the bad side of cities, but we never actually saw why cities are important. Cities are very important when it comes to an economy. Cities are the center of all business. Most business occurs in cities and if you take a look at the bigger cities such as NYC, LA, and Chicago, they are very important in our nations economy. This is because cities attract people. When a city attracts people, that in turn brings in money. There is a reason why restaurants in NYC are willing to pay so much money for such a small restaurant. That is because location. A restaurant in NYC has a very good chance of doing well because it is in a city with SO many people. Location is very very important to people who are looking to start up businesses because they want to be around the people and what better place then a city. People always talk about the bad part of having cities (pollution, overpopulation) but they are forgetting that it is the cities that really attract a lot of the business and help stimulate the economy. Below is the article that explains this in further detail.
http://www.economist.com/blogs/freeexchange/2011/03/economic_geography_0
 

1 comment:

  1. I agree with your post about looking more at the positives. We all know that cities have problems with trash and crime, which is why we all need to look at the uniqueness and positives of each city. Businesses have a much better chance of succeeding in the city despite paying a lot of money in rent. A city is a great place to market a product. The dense population and high traffic of tourism does result in a strong economy that our country would probably suffer without.
    Good post, try to go into more detail and add more opinion.

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