Smaller towns are less densely populated areas that typically have limited infrastructure and economic opportunities compared to larger cities. These towns often rely on a few key industries or activities for their local economy.
Related terms
Rural Depopulation: Rural depopulation occurs when people migrate from rural areas, including smaller towns, to urban centers in search of better job prospects and amenities. This trend can further limit economic diversity in smaller towns.
Brain Drain: Brain drain refers to the migration of highly skilled individuals from smaller towns or countries to larger cities or more developed nations. This talent outflow can negatively impact the economic growth potential of smaller towns.
Regional Disparities: Regional disparities refer to the differences in development levels between different parts of a country or region. Smaller towns often face greater regional disparities compared to larger cities due to limited resources and opportunities available locally.