GPHY 227 Lecture Notes - Lecture 5: Wage Labour, Capital Accumulation, New Economy
Document Summary
Industrial capitalism: places began to specialize in producing manufactured products so different cities grew, prospered or declined during different periods of capitalist development: historical patterns of urbanization can say a lot about the wider dynamics of production. Industrialization and urbanization in the uk: precondition for the industrial city in the uk: In the absence of profit, there could be no large capital accumulation to invest in the development of industrial society this change in social outlook charged by. Importance of exporting urban economy made up of two areas: traded goods & services sector (basic) made up of activities that produce goods. Impacts of rail on urban development: rapid construction of streetcar lines. & downtowns, expanding expressway systems i. e. 407: rise of neo-traditional communities small town feel in suburbs, boundary of city spreading out further, today"s knowledge economy in canadian cities, cities have undergone deindustrialization & economic restructuring.