What is urbanisation, Business Economics

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What is urbanisation?

Urbanisation arises while an increasing proportion of the population live into cities, suburbs or towns. All cities are attractive to potential migrants since they give the view of

• Superior standards of living

• Access to a well-developed infrastructure for example like health and education

• Geographically adjacent market for products, capital and labour

Many Latin American countries are like urbanised like Europe seventy five percent of population in urban regions.


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