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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]
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 ...
It, as suburbanization, is inversely related to urbanization, and first occurs as a reaction to inner-city deprivation. [1] Recent research has documented the social and political drivers of counterurbanization and its impacts in China and other developing countries which are undergoing a process of mass urbanization. [ 2 ]
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 ...
Economic growth in the United States encouraged the suburbanization of American cities that required massive investments for the new infrastructure and homes. Consumer patterns were also shifting at this time, as purchasing power was becoming stronger and more accessible to a wider range of families.
And that may be bad news for the economy. What’s going on: Consumer spending is falling back to earth , and even the highest-income Americans are turning to discount retailers like Walmart .