Global City Formation Theory

Global City Formation Theory explains how certain cities evolve into major centers of finance, culture, and influence in the interconnected world. These cities, called global cities, develop through factors like advanced transportation, communication networks, diverse economies, and innovation. They attract multinational corporations, skilled workers, and international institutions, reinforcing their status. Essentially, the theory shows how urban areas grow into powerful hubs that shape global economic and cultural trends, driven by globalization and technological progress.