Global Cities

Definition

Global cities are major economic hubs that play a significant role in global trade, finance, and culture. They attract international investments, have advanced infrastructure, and are home to headquarters of multinational corporations.

Related terms

Urbanization: The process by which an increasing proportion of a country's population lives in urban areas rather than rural ones.

Megacity: A very large urban area with a population over 10 million people.

Economic globalization: The integration and interdependence of countries through the exchange of goods, services, capital, and information on a global scale.