INTRODUCTION

• Balanced urban development is part of an important strategy to foster an

integrated economic system. This will be achieved through reduction of the
gap difference between territories in order to benefit from financial
development and basic services towns can be distributed extensively and
fairly throughout the country.
• One of the simplest is to compare the urbanization levels of individual
countries with some measure of national economic output, average
income or social development, in order to test for a statistical association
between urbanization and development. Many results suggest that there is
a broad empirical regularity thus highly urbanized countries tend to be
more prosperous.(Henderson)
Increased employment opportunities
• Sufficient employment opportunities and high income in the city
allow people to enjoy a more comfortable and modern living
standard.
• Those who receive high levels of education can get better jobs and
even better pay.
• The urbanization process has led to the development of various types
of economic sectors in the city that create many jobs for the local
community.
• Employment opportunities can be found in the industrial,
commercial, business, service, and administrative sectors
Improved infrastructure facilities
• The increase in population in an area resulting from urbanization has
resulted in increased infrastructure requirements such as high
demand of better public transport in urban area transportation
system.
• As examples are Light Rail Transit (LRT), commuter, and monorail
systems.
• Additionally, health centers, hospitals, public and private education
centers, and low-cost houses are also added in tandem with the
increase in population
Variety Of Economic Activities
• There are various economic activities that are interconnected with
each other
• Help to increase opportunities for urban people to improve their
standard of living to ensure them to have a better income and helping
develop better socio living.
• This is through providing a better job opportunities due to the
urbanization factor it helps to reduce the unemployment rates and
help to foster a better economic growth to the country.
• For example: Industrial sectors, services sectors and business sectors
WIDER RANGE OF CONNECTIVITY
• Cities afford firms access to a wider range of shared services and
infrastructure because of the scale of activity.
• Cities offer better external connectivity to customers and suppliers
through more frequent transport links to more destinations and more
efficient logistics systems to handle imports and exports.
• They tend to have higher-capacity telecommunications systems for
electronic connectivity and marketing. There is more extensive
professional expertise, financial know-how and specialized research
available to help companies stay up-to-date with changes in
technology.