Socio-Economic Analysis
The economic and socio-economic modules discuss the factors related to economic and social aspects of a city. The indicators of economics and social factors shape the spatial, economic and social characters of a city over time. These factors determine the future trend of a city in terms of growth decline or steadiness. The economic module talks about various models explaining the shift in economic characters of cities in general. The models analyze the change from agriculture based economy through industrial revolution to the modern advent of service based economy. Economic module identifies different activities going within an economic setup. It distinguishes them as Basic and Non-Basic based on their contribution to the overall growth of the economic structure. Basic activities are the engine of economic growth (Kaplan, David H, Wheeler, James O, Holloway, Steven R, Hodler,T.W. 2004, 170) whereas non-basic activities circulates the money within the system and hence do not create Multiplier effect (Kaplan et all. 2004, 171). Different economic models structured by various economist categorize the industrial activities as Inter-urban and Intra-urban. Interurban economics are those that illustrates the economic relation between different cities and communities. It rationalize the spatial consequences that these relationships establish and explains the locational significances of cities that we observe today. The module also discusses the spatial implications of spaces within a city with respect to the changes in economic factor it observed overtime. Political vision of economics in cities is also discussed in this module that illustrates the basic flow of wealth within a city and in a country.
The socio-economic module discusses the social composition of a society through the lens of economy and culture. This module brings up various factors of a society that constitute the character of a community. Three such characters have been discussed in this module and they are Poverty, Race/ Ethnicity, and Immigration. Poverty is the economic consequence of a city and replicates how well or worse a city is doing. The geography of poverty portrays social issues that again explains locational benefits of certain places. Race and ethnicity is the part of a cities historical evolution and becomes the dominating factor of a cities culture. Immigration closely related to the issue of colors, is another major trend setter for a cities evolution. Immigration of foreign born citizens as well as mobilizing citizens within a country and state create overarching social implications. It manipulates the social mix of culture, race and economic classes and creates issues that are comparatively modern than observed in early times. All these social factors act together with the economy of a city and run a socio-economic scenario. This scenario changes overtime influencing the characteristic of the city.
The socio-economic module discusses the social composition of a society through the lens of economy and culture. This module brings up various factors of a society that constitute the character of a community. Three such characters have been discussed in this module and they are Poverty, Race/ Ethnicity, and Immigration. Poverty is the economic consequence of a city and replicates how well or worse a city is doing. The geography of poverty portrays social issues that again explains locational benefits of certain places. Race and ethnicity is the part of a cities historical evolution and becomes the dominating factor of a cities culture. Immigration closely related to the issue of colors, is another major trend setter for a cities evolution. Immigration of foreign born citizens as well as mobilizing citizens within a country and state create overarching social implications. It manipulates the social mix of culture, race and economic classes and creates issues that are comparatively modern than observed in early times. All these social factors act together with the economy of a city and run a socio-economic scenario. This scenario changes overtime influencing the characteristic of the city.