Mega cities

Deprivation definition

A standard of living below that of the majority of people in a particular city, region or country, e.g. tower hamlets

Self help schemes definition

People in the squatter settlement are given the materials they need to improve their homes. Low interest loans may be available to fund this or micro finance.

Taking responsibility for their own living conditions.

Micro finance definition

financial services provided to low-income individuals or groups who are typically excluded from traditional banking

When was the global shift to an urban population?

• 2010

• urban population 51.5%

• rural population 48.5%

What is the main cause of rural to urban migration?

Desire for increased wealth for increased wealth can cause mass rural-urban growth due to perceived advantages. Often goes alongside the industrial revolution.

Mumbai case study - background info

• GDP of $124 million

• 12th global city ranking

• 50% live in slums

• 30% live in makeshift homes

strengths and opportunities

• HQ of reserve bank of India

• high quality education - 4 of India’s top unis located here

challenges and threats

• huge informal economy - 67%

• failure of slums redevelopment in 1955

• the closure of unregulated businesses could lead to high unemployment, which would affect economic growth