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Urban economics

Human Geo Chp. 13

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Isaiah Bennett p.1 5/6/13 CH.13 K.I 3 I Inner-City Physical Issue The major physical problem faced by inner-city neighborhoods is the poor condition Deteriorated housing can either be demolished and replaced with new housing or it can be Process of Deterioration As the number of low-income resident increase in the city the territory they occupy expand Middle-class families move out of a neighborhood to never housing farther from the center and sell or rent their houses to lower-income families Filtering Filtering Process of subdivision of houses and occupancy by successive waves of lower-income people Redlining Redlining Drawing lines a map to identify areas in which they will refuse to lean money Although redlining is illegal enforcement of law against it is frequently difficult

Human Geo Chp. 13

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Isaiah Bennett p.1 4/29/13 Ch. 12 K.I 3 I Central Place Theory Central Place theory Helps to explain how the most profitable location can be idfentified Central Place Is a market center for the exchange of goods and services by people attracted from the surrounding area Central places compete against each other to serve as markets for goods and services for the surrounding region b. Market Area of a Service Market area or Hinterland The area surrounding a service from which customers are attracted A market area is good example of a nodal region The closer to the periphery of the circle, the greater is the percentage of the circle, the greater is the percentage of consumers who will choose to obtain services from other nodes c. Size of Market Area

urbanization vocab

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acropolis the citadel in ancient Greek towns Agglomeration A process involving the clustering or concentrating of people or activities. The term often refers to manufacturing plants and businesses that benefit from close proximity because they share skilled-labor pools and technological and financial amenities. agora the marketplace in ancient Greece Basic sector activities and services that generate income for a city (e.g., manufacturing, retail, ...). Blockbusting Illegal practice of inducing homeowners to sell their properties by telling them that a certain people of a certain race, national origin or religion are moving into the area Central business district (CBD) The downtown or nucleus of a city where retail stores, offices, and cultural activities are
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