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July 02, 2005

Urban Colossus: Why is New York America's Largest City?

New York has been remarkably successful relative to any other large
city outside of the sunbelt and it remains the nation's premier
metropolis. What accounts for New York's rise and continuing success?

The rise of New York in the early nineteenth century is the result of
technological changes that moved ocean shipping from a point-to-point
system to a hub and spoke system; New York's geography made it the
natural hub of this system. Manufacturing then centered in New York
because the hub of a transport system is, in many cases, the ideal
place to transform raw materials into finished goods. This initial
dominance was entrenched by New York's role as the hub for
immigration. In the late 20th century, New York's survival is based
almost entirely on finance and business services, which are also
legacies of the port. In this period, New York's role as a hub still
matters, but it is far less important than the edge that density and
agglomeration give to the acquisition of knowledge.

Posted by omor at July 2, 2005 08:06 PM

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