What Is Meant by a Geography of Centrality and Marginality

question 15

Multiple Choice

What is meant by a geography of centrality and marginality in global cities?

• A) Enormous affluence and acute poverty reside side by side with minimal interaction.
• B) Central business districts reside in global cities.
• C) There are central zones and zones that are deemed marginal.
• D) Some global cities are central to the global economy, and others are marginal.

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Definitions:

Labor Income

Earnings from work or employment, including wages, salaries, bonuses, and any other form of payment for labor services.

Budget Constraint

The limitation on the consumption bundles that a consumer can afford based on their income and the prices of goods and services.

Net Demands

The total demand for a product or service minus the supply provided, reflecting the actual market demand not met by current production.

Gross Demands

The total demand for a good or service before accounting for substitutions or complementarity effects.