Global Cities: Inequality and Poverty

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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?

A growing disconnect between the city and its geographical region Signup and view all the answers

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

They live in high-security enclaves of gated communities Signup and view all the answers

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

New York Signup and view all the answers

Who coined the term 'global city' in 1991?

Saskia Sassen Signup and view all the answers

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

Highly developed Signup and view all the answers

What is Tokyo known for in terms of finance?

Being a leading international financial center Signup and view all the answers

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

They have many headquarters in global cities Signup and view all the answers

What is New York known for in terms of finance?

Being the home of the New York Stock Exchange and NASDAQ Signup and view all the answers

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

International Signup and view all the answers

What is a characteristic of a global city?

Administrative center of several multinational corporations Signup and view all the answers

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

World cities were formed primarily due to geography and history Signup and view all the answers

Why do global cities attract global interest?

Due to their exciting, fast-paced lifestyles Signup and view all the answers

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

The emergence of global cities Signup and view all the answers

What is a characteristic of a world city?

Formed due to geography and history Signup and view all the answers

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

Presence of world-class universities and research facilities Signup and view all the answers

Global Cities: Inequality and Poverty

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