Global City Reviewer
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Questions and Answers

Who coined the term 'global city'?

  • Saskia Sassen (correct)
  • New York City
  • London
  • Tokyo
  • According to Saskia Sassen, what are the key locations for finance and specialized service firms in global cities?

  • Sites of production
  • Highly concentrated command points (correct)
  • Markets for products and innovations
  • Transnational Corporation (TNCs)
  • What supported the rise of global cities according to Saskia Sassen?

  • Decline of Transnational Corporation (TNCs)
  • Rise and expansion of Transnational Corporation (TNCs) (correct)
  • Decline of flexible production centered within urban areas
  • Rise of mass production
  • According to Saskia Sassen, what is a key factor feeding the growth and importance of central corporate functions in global cities?

    <p>Geographic dispersal of economic activities</p> Signup and view all the answers

    What did Saskia Sassen identify as key attributes of a global city model?

    <p>Geographic concentration of economic activities</p> Signup and view all the answers

    In which book did Saskia Sassen identify global cities and their attributes?

    <p>The Global City</p> Signup and view all the answers

    What is a key characteristic of global cities according to the text?

    <p>Variety of international financial services</p> Signup and view all the answers

    What is a legacy of certain cities that gives them a first mover advantage in global interaction?

    <p>Global orientation due to location, size, and history</p> Signup and view all the answers

    What is a determinant of a metro area’s ability to succeed in global markets according to the text?

    <p>Culture of knowledge and innovation</p> Signup and view all the answers

    What do specialized global firms engaged in globalized markets benefit from according to the text?

    <p>Agglomeration economies</p> Signup and view all the answers

    What do metro areas that are appealing, open, and opportunity-rich serve as according to the text?

    <p>Magnets for attracting people and f...</p> Signup and view all the answers

    What is a common characteristic of globally fluent metro areas based on the text?

    <p>Local leadership networks with a global outlook</p> Signup and view all the answers

    What is a standard characteristic of world cities according to the text?

    <p>Variety of international financial services</p> Signup and view all the answers

    What is a key factor supporting the rise of global cities based on the text?

    <p>Growing in formalization of economic activities such as production and distribution including services</p> Signup and view all the answers

    Study Notes

    Concept of Global Cities

    • The term "global city" was coined by Saskia Sassen.

    Characteristics of Global Cities

    • Key locations for finance and specialized service firms in global cities include major cities such as New York, London, and Tokyo.
    • Global cities are supported by advances in telecommunications and the growth of global markets.

    Rise of Global Cities

    • The rise of global cities is supported by the growth of global markets, advances in telecommunications, and government deregulation.

    Key Attributes of Global Cities

    • A key attribute of a global city model includes the presence of central corporate functions, including top-level decision-making and specialized services.
    • Global cities are characterized by a strong presence of specialized global firms engaged in globalized markets.
    • Saskia Sassen identified these attributes in her book.

    Key Characteristics of Global Cities

    • A key characteristic of global cities is their ability to attract and retain top-level corporate functions and specialized services.
    • Legacy cities, with their established reputation and infrastructure, have a first-mover advantage in global interactions.
    • A determinant of a metro area's ability to succeed in global markets is its ability to offer a favorable business climate, advanced telecommunications, and highly skilled labor.
    • Specialized global firms benefit from the agglomeration of similar firms and specialized services in global cities.
    • Appealing, open, and opportunity-rich metro areas serve as hubs for global interaction and exchange.
    • Globally fluent metro areas are characterized by their ability to attract and retain top-level corporate functions and specialized services.
    • A standard characteristic of world cities is their ability to function as hubs for global interaction and exchange.
    • The growth of global markets and advances in telecommunications support the rise of global cities.

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    Test your knowledge on global cities and the concept of global city coined by Saskia Sassen, focusing on their competitive advantages and role within the globalized economic system.

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