GEOG 122 Lecture Notes - Lecture 23: Saskia Sassen, Central Place Theory, English Contract Law

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13 Apr 2016
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Central place theory places are connected by local market connecions. Saskia sassen: a place where the work of globalisaion gets done . Over 20th and 21st centuries irms have become larger, requiring increasing specialized informaion. That informaion is provided by producer services (adverisers, lawyers, accountant, architects, etc. ) Producer services found in large informaion (informaion-rich) ciies. The larger the city, the more info available for corporate decision making. Last 30 years, rapid and pervasive internaionalisaion of businesses (mncs and tncs) Improvements in communicaion/transportaion technology ( annihilaion of space by ime ) Emblemaic of processes found across global northern ciies: knowledge based jobs, decline of manufacturing, gentriicaion (professional classes taking over residenial districts formerly occupied by the working class, social polarizaion ( informal employment urban underclass ) Signiicant rise in services (especially inancial services, followed by personal services) London is long standing inancial centre at heart of the briish empire. English is the lingua franca (common language) of business.

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