Question

different economic activities performed by the people in urban areas

Answer 1

Following are the different economic activities performed by the people in urban areas:

• People in the urban areas contribute to the national economies by generating employment, production and wealth.

• Due to increase in trade and capital flows they give rise to increase in the flows of goods, capital and services.

• With the higher level of production people in urban areas produce a large percentage of the national GDP.

• With the cities competitive spirit with another they attract innovative investment and knowledge activities.