Developing Local Economy
Local economies are extremely important to our society today, they determine the wealth of a population, be it continents, countries, states, or cities. The chapter in our book about economies gives us great detail in what is required to strengthen our economy. To strengthen a local economy, strong local network and trading systems must be developed. These support economic activity within and communities and contribute to the overall health and well-being (World Watch Institute, 2007).
It is shown that highly urbanized countries have higher incomes, more stable economies, stronger institutions, and are more ample to withstand a global economy. Urban areas are also engines of rural development, creating wealth which attracts investors and in turn enhances social development tying together human and technical resources. However the byproducts of urbanization are the downside to all their strengths, pollution being number one. More pollution comes from smaller more urbanized areas and......
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