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The economic impacts of suburbanization have become very evident since the trend began in the 1950s. Changes in infrastructure, industry, real estate development costs, fiscal policies, and diversity of cities have been easily apparent, as "making it to the suburbs", mainly in order to own a home and escape the chaos of urban centers, have ...
Spatial mismatch is related to job sprawl and economic environmental justice. Spatial mismatch is defined as the situation where poor urban, predominantly minority citizens are left without easy access to entry-level jobs, as a result of increasing job sprawl and limited transportation options to facilitate a reverse commute to the suburbs.
In an American context, historical suburbanization and subsequent ill-fated urban renewal efforts are largely why the very poor and people of color are concentrated in otherwise emptied cities, where they are adversely plagued by conditions which are today identified as environmental injustices or environmental racism. [45]
An aerial view of housing developments near Markham, Ontario; suburban development is often criticised for its uniformity. Mainstream criticism of suburbia emerged during the housing boom of the 1950s, reflecting concerns about the culture of aspirational homeownership and its societal impacts. [1]
Urban decay is often the result of inter-related socio-economic issues, including urban planning decisions, economic deprivation of the local populace, the construction of freeways and railroad lines that bypass or run through the area, [2] depopulation by suburbanization of peripheral lands, real estate neighborhood redlining, [3] and ...
Economic slack, a term I unfortunately cannot take any credit for, broadly describes a situation where the economy isn’t performing as well as it could be. The most widely recognized symptom of ...
Immediately after World War II, New York City became known as one of the world's greatest cities. [1] However, after peaking in population in 1950, the city began to feel the effects of suburbanization brought about by new housing communities such as Levittown, a downturn in industry and commerce as businesses left for places where it was cheaper and easier to operate, an increase in crime ...
And it still continues to be the most important measure of a strong economy — spending accounts for about 70% of gross domestic product, the go-to measure of US economic health.