The primary benefits of urbanization are a sustained economy and a centralized population. Recent developments in countries in which large, planned cities are being built to accommodate the demand for urban locations have also revealed environmental advantages to urbanization. Increased populations also drive governments to improve public transportation and services within cities.Continue Reading
China is emerging as a model for positive, sustainable urbanization. The mass migration of workers from rural areas to urban centers is a crucial factor in the country's current economic health. When people move to urban areas, the demand for goods and services, which is usually already high in more populated areas, increases even more. The increased supply and demand stabilizes economic markets.
Additionally, increased urbanization inspires city planners to think more creatively in reducing carbon footprints. China, in particular, is earning praise for designing large, low-carbon cities. In a country in which pollution is already a grave concern, such attention to environmental matters is crucial to the success of future urbanization. Much of China's public transportation in larger urban areas has been improved for higher efficiency. The centralize populations also create larger workforce pools for corporations and make it easier for the former rural poor to find work and increase their standard of living.Learn more about Social Sciences
Some of the problems that develop from urbanization are a strain on basic services, increased poverty, poor public education, sanitation problems and rising crime rates. Urbanization, which is basically rapid urban growth, also brings with it a condition referred to as "urban sprawl" in which scattered urban development results in traffic congestion, environmental deterioration and the loss of open space and parks. In many of the high-density living areas in megacities, which are cities with populations more than five million, significant portions of the inhabitants, sometimes as high as 40 percent, live in a state of environmental degradation, poor security and irreversible poverty.Full Answer >
Effects of unemployment to the economy include recession, high government expenditure and wasted resources. High levels of unemployment not only affect unemployed people, but also the local and regional economies.Full Answer >
The country of Germany operates under a "soziale Marktwirtschaft," which translates into English as a social market economy. The system was adopted after World War II and reflects the principles of a free enterprise market as well as an economy where all members of society benefit.Full Answer >
The unemployment rate affects the economy's debt, taxes and overall growth. When a person loses a job, he is no longer able to pay his debts or taxes, and he spends less. All of these things can be devastating to the economy.Full Answer >