The Development of 'World Cities'

Refers to AQA A2 Geography, Unit 3.

'World Cities' Topic

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  • Created by: Bethany
  • Created on: 18-02-14 18:15
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  • The Development of 'World Cities'
    • What is a 'WORLD CITY'?
      • A city with a disproportionately imprortant role in the global economnic system.
      • They allow global finance and trade to function.
      • Just 100 cities account for 30% of the global economy.
      • They act as 'hubs' through which huge volumes of economic activity are channeled.
        • Key characteristics of world cities as 'hubs'
          • Hubs of Business, transport and trade
            • Contain global headquarters of TNCs, Industrial Giants such as BP, financial institutions and stock markets which influence the world economy.
            • Strong Connections to the rest of the world (internet, international airports)
            • Financial Services: Banking and Accountancy.
            • Presence of Billionairres
          • Production Hubs
            • Most decisions about manafacturing made by TNCs at their headquarters. Most production is done in NICs and developing countries.
          • Political Hubs
            • The politicias, based in these cities, dictate trading and economic links between the countries.
            • Participation in international events e.g. G8 summits.
          • Migration Hubs
            • World cities attract large numbers of highly qualified people, moving with jobs to areas with high quality of life (e.g. Sydney and Melbourne)
            • Increasingly diverse populations due to demographic flows.
    • Key characteristics of world cities as 'hubs'
      • Hubs of Business, transport and trade
        • Contain global headquarters of TNCs, Industrial Giants such as BP, financial institutions and stock markets which influence the world economy.
        • Strong Connections to the rest of the world (internet, international airports)
        • Financial Services: Banking and Accountancy.
        • Presence of Billionairres
      • Production Hubs
        • Most decisions about manafacturing made by TNCs at their headquarters. Most production is done in NICs and developing countries.
      • Political Hubs
        • The politicias, based in these cities, dictate trading and economic links between the countries.
        • Participation in international events e.g. G8 summits.
      • Migration Hubs
        • World cities attract large numbers of highly qualified people, moving with jobs to areas with high quality of life (e.g. Sydney and Melbourne)
        • Increasingly diverse populations due to demographic flows.

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