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Functionalists Argue That Cities Do Not Grow or Decline by Chance.Rather,they

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Functionalists argue that cities do not grow or decline by chance.Rather,they are the product of specific decisions made by members of the capitalist class and political elites.These far-reaching decisions regarding land use and urban development benefit the members of some groups at the expense of others.


Definitions:

Savings

Money that is set aside or deposited, typically in a bank account, for future use or as a precaution against emergencies.

Interest Rate

The percentage of the principal that is paid as a fee over a certain period of time for the use of borrowed money.

Future Amount

The predicted amount of money that an investment will grow to over a period of time, considering factors like interest rates and compounding.

Equivalent Amount

The same value or quantity expressed in a different way or form.

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