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The benefits of urbanization - Coggle Diagram
The benefits of urbanization
Introduction:
Urban population statistics from 1950 to 2014.
Projection for 2050: two-thirds of global population living in cities.
Rapid urbanization in Asia and Africa due to migration for work and improved living conditions.
Concerns about housing shortages and job competition.
Historical examples of urbanization's impact, emphasizing its necessity for development.
Environmental Benefits:
Urban living's surprising environmental advantages over rural life.
Factors: lower energy and resource consumption, facilitated utility services and public transportation.
Evidence supporting reduced carbon footprint and traffic congestion.
Productivity Benefits:
Urbanization's significant boost to productivity, estimated by Rosenthal and Strange (2004).
Mechanisms: economies of scale, increased labor growth, and connectivity among firms.
Example of Asian cities contributing significantly to GDP and urban productivity.
Innovation Benefits:
High-density areas inspiring innovation among residents, entrepreneurs, and businesses.
Examples: regeneration projects, technological innovations for environmental sustainability.
Illustration of innovative initiatives such as the sharing economy and governmental schemes.
5.Conclusion:
Acknowledgment of challenges and significant opportunities brought by urbanization.
Benefits: increased productivity, greater innovation, and environmental sustainability.
Argument for encouraging urbanization in developing countries for improved standards of living and poverty reduction.
Potential outcomes: higher wages, affordable housing, better education and healthcare, increased social mobility.