1a.) (3pts) Describe what you call a “successful” or “good” city: Identify 4 characteristics does your successful city have? (My City is CHICAGO)
1b.) (2 pts) What are some key impediments to main impediments to achieving this success?
2.) (10 pts). In basic economics terms, why do people and businesses form/locate in cities?
Explain how cities tend to increase economic productivity, and why that is important for the overall economy and for individuals (types of agglomeration economies)
In class we talked about advantages (amenities) and disadvantages (disamenties) that would factor in people’s and firm’s location decisions.
For YOUR household (you and/or your family), identify 3 amenities that would attract your to live IN a city, and 2 disamenities that might keep you OUT, and briefly explain why.
Links for readings that you can use:
My notes are also attached please use those as well.
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