Global Cities: Inequality and Poverty

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Questions and Answers

What is a consequence of the high-end nature of activities in global cities?

  • Increased access to the labor market for all
  • Economic empowerment of the local population
  • Economic marginalization of a large segment of the population (correct)
  • Redistribution of wealth to the middle-class

What is a characteristic of global cities in terms of wealth and income distribution?

  • Wealth and income are concentrated in the hands of the middle-class
  • Wealth and income are channeled into the hands of the global elite (correct)
  • Wealth and income are distributed equally among the population
  • Wealth and income are distributed randomly among the population

What is the role of global cities in terms of economic development?

  • They promote the welfare of the people by elevating income and enlarging the middle-class
  • They have no impact on economic development
  • They only benefit the local population
  • They act as instruments of disparity in income and of economic inequality (correct)

What is a feature of global cities in terms of their geographical region?

<p>A growing disconnect between the city and its geographical region (D)</p> Signup and view all the answers

What is a characteristic of the global elite in global cities?

<p>They live in high-security enclaves of gated communities (D)</p> Signup and view all the answers

What is an example of a global city with a high concentration of financial and business networks?

<p>New York (B)</p> Signup and view all the answers

Who coined the term 'global city' in 1991?

<p>Saskia Sassen (A)</p> Signup and view all the answers

What is a characteristic of global cities in terms of communication and transportation systems?

<p>Highly developed (A)</p> Signup and view all the answers

What is Tokyo known for in terms of finance?

<p>Being a leading international financial center (D)</p> Signup and view all the answers

What is a common feature of global cities in terms of multinational corporations?

<p>They have many headquarters in global cities (C)</p> Signup and view all the answers

What is New York known for in terms of finance?

<p>Being the home of the New York Stock Exchange and NASDAQ (B)</p> Signup and view all the answers

What is a characteristic of global cities in terms of their influence?

<p>International (C)</p> Signup and view all the answers

What is a characteristic of a global city?

<p>Administrative center of several multinational corporations (A)</p> Signup and view all the answers

What is a key difference between world cities and global cities?

<p>World cities were formed primarily due to geography and history (A)</p> Signup and view all the answers

Why do global cities attract global interest?

<p>Due to their exciting, fast-paced lifestyles (B)</p> Signup and view all the answers

What is a consequence of the rapid globalization and technological change?

<p>The emergence of global cities (C)</p> Signup and view all the answers

What is a characteristic of a world city?

<p>Formed due to geography and history (B)</p> Signup and view all the answers

What is a feature of global cities in terms of education?

<p>Presence of world-class universities and research facilities (D)</p> Signup and view all the answers

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