Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: SeekAndFind
Very interesting. I posted this on another thread where this topic was discussed . . .

It's no mere coincidence that so many of these cities are in the old "Rust Belt" region and located along the Great Lakes or other waterways that served as trade routes in the past. Many of these cities grew as industrial hubs because of their locations on these routes and/or their proximity to key resources used in steel-based manufacturing (iron ore and coal in particular).

Albany, NY is a perfect case in point. That city grew because it was situated near the confluence of the Hudson and Mohawk Rivers, and served as a canal-based "crossroads" of the Erie and Champlain Canals. That city lost this advantage once railroads supplanted the canals and rivers as the primary mode of freight transportation in the region (a long-running process that continues to this day).

Other cities on that list lost their "advantage of place" when plastics began to supplant steel in many manufactured products. Look at all the auto plants that have been built in the Southeast over the last two decades. They can thrive there not only because of lower labor costs, but because the auto manufacturing industry doesn't require close proximity to steel producers anymore.

19 posted on 09/01/2010 9:46:01 AM PDT by Alberta's Child ("Let the Eastern bastards freeze in the dark.")
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Alberta's Child
Many of these cities grew as industrial hubs because of their locations on these routes and/or their proximity to key resources used in steel-based manufacturing (iron ore and coal in particular).

With New York City's living expenses ( e.g. commercial and residential rents ) and taxes going through the roof and the increasing use of high speed internet connections, is there any reason why New York would still be the financial capital of the USA in the future ?

I am already beginning to see lots of financial firms move their operations to other states.
32 posted on 09/01/2010 9:49:59 AM PDT by SeekAndFind
[ Post Reply | Private Reply | To 19 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson