Bengaluru and Kolkata

What are the positive and negative effects of urbanization on the socio-economic conditions of a country?

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05-07-2024
Social Studies

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Bengaluru and Kolkata

What are the positive and negative effects of urbanization on the socio-economic conditions of a country?

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GinnyAnsweridn GinnyAnsweridn · Answer 1 · 2024-07-05T09:14:26-04:00

Final answer:

Urbanization has economic and environmental effects, leading to rising prices and gentrification.

Explanation:

Urbanization has significant economic and environmental effects on cities and surrounding areas. As city populations grow, they increase the demand for goods and services, leading to rising prices. This can result in gentrification, where the working class is priced out of the real estate market and pushed into less desirable neighborhoods.

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