Urbanization and Economic Growth Trends

The global economy's center is shifting towards East Asia, returning to its historical position. This shift is accompanied by increased urbanization, with a majority of the global economy's growth driven by 600 cities, many in emerging countries. Cities are becoming economic powerhouses, fostering innovation and new business models due to their density and technological advancements.

Where is the center of gravity of the global economy expected to be by 2025?

• North America

• Western Europe

• South America

• East Asia

What significant demographic shift is associated with the geographic shift in the global economy?

• Rise in agricultural jobs

• Decline in city populations

• Increase in urbanization

• Decrease in rural population

How many cities are expected to lead two-thirds of the global economic growth by 2025?

• 100

• 300

• 600

• 900

What proportion of the 600 cities driving economic growth are in emerging countries?

• 100

• 220

• 440

• 600

What is the equivalent of the urbanization trend in terms of city size added annually?

• Three New Yorks

• Five Tokyos

• Six Chicagos

• Ten Londons

What is one of the benefits of urbanization mentioned in the transcript?

• Lower housing costs

• Increased rural development

• Higher average wealth

• Decreased pollution

What role do cities play in the global economy according to the transcript?

• Sources of natural resources

• Engines of economic growth

• Centers of agricultural production

• Hubs for traditional industries

Which of the following is a trend that has emerged in dense urban environments?

• Traditional retail stores

• Ride-sharing services like Uber

• Increased farming activities

• Decline in technology use

What is a key factor that makes cities more productive?

• More rural areas

• Less technological advancement

• Higher population density

• Lower population density

What is a common characteristic of new business models mentioned in the transcript?

• They originate in rural areas

• They thrive in dense urban environments

• They focus on traditional industries

• They avoid technological integration