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Explain What We Learn About Urban Life from Ferdinand Tönnies

question 31

Essay

Explain what we learn about urban life from Ferdinand Tönnies, Emile Durkheim, Louis Wirth, and Georg Simmel. Based on what you have learned, can you envision ways to make our cities better?


Definitions:

M&M Theory

Modigliani and Miller's theory positing that in an ideal market, a company's value is unaffected by how it is financed, whether through debt or equity.

Capital Structure

The mix of a company's long-term debt, specific short-term debt, common equity, and preferred equity which funds its overall operations and growth.

Total Cash Flows

The total sum of cash and cash-equivalents moving into and out of a company.

Capital Structure

The particular combination of debt and equity used by a firm to finance its overall operations and growth.

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