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Economic Development Of New York City


Analyze the economic development of NYC from 4 aspects. 

  1. Factors & Resources
  2. (Spatial)Organization Structure
  3. Human Dimension
  4. Policy & Institution

Then address the following questions: 

  1. What are/were the main economic development problems and challenges? 
  2. What evidence can you provide documenting these challenges?
  3. What policies did the governing bodies implement to deal with these challenges? 
  4. Why was this particular set of policies pursued?
  5. How successful were these policies in meeting the economic development challenge particular to that city or region? 
  6. What evidence can you provide to document the policy’s success or lack thereof?



Title: Economic Development Of New York City
Length: 2 pages (550 Words)
Style: APA


Economic development of New York City

New York City is the most populous and diverse city in the United States and plays host to some of the most iconic landmarks and places in the world. There are a lot of tourists that visit the city making it a natural hub for many people and therefore have a vibrant economy. It has different economic strengths and the Wall Street in particular puts the city on the map as a leader in business and in the control of stocks worldwide. It is therefore very vibrant and the activities that take place within the city due to the high number of people in the region are very many. Population and control of the people is one of the major challenges that the city has faced since apart from the people that live in the city the visitors into the city are very many. This paper looks at some of the policies that have been implemented to ensure that the challenges that are faced by the city as a result of its huge population and different economic activities in the city.


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