![]() ![]() The 1 domain where a certain convergence has occurred is consumption, beginning with the privileged classes and filtering to the lower income groups. Some Third World cities now seem to be developing according to a more western model, but the same cannot be said of all Third World countries, and international economic evolution appears to have led to increasing polarization between countries as well as within them. ![]() World economic interdependence, international control of investment and exchange, and volume and mobility of capital increased at a time of rapid economic growth in some Third World countries, especially those whose governments took an aggressive role in promoting growth and investment. Several economic developments during the 1970s affected the world economy and the patterns of urbanization of the Third World: the decline of the principal capitalist economies and the multiple increases in the price of oil, the floating exchange rate, the considerable increase in consumer goods, and the increasing costs of labor in industrialized countries, among others, created new conditions. Their demographic growth occurred much faster and depended much more heavily on high fertility, their economies were geared more to export of raw materials than to manufacturing and were unable to create massive numbers of jobs to absorb the growing labor force except in the unproductive tertiary sector, and it appeared unlikely that they would be able to produce entrepreneurial classes of their own. ![]() Attention was called over 3 decades ago to the very rapid growth of Third World cities and the significance of the differences between their patterns of urbanization and those of industrialized countries. ![]()
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