Manuel Castells Argued That There Was a Change in the Flow

question 72

Essay

Manuel Castells argued that there was a change in the flow of places over time,saying we have gone from "spaces of places" to "spaces of flows." Define these two terms,and provide one example of each.

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Definitions:

Market Price

The market price is the current price at which an asset or service can be bought or sold in a open market.

Stock Dividend

A dividend payment made in the form of additional shares rather than a cash payout, increasing the number of shares owned.

Par Common Stock

Common stock issued with a nominal value expressed in the corporate charter, which represents the stock's legal capital per share.

Market Price

The prevailing market price at which you can buy or sell an asset or service.