A depleted community is a place that lacks
economic growth
In economics, economic growth is an increase in the quantity and quality of the economic goods and Service (economics), services that a society Production (economics), produces. It can be measured as the increase in the inflation-adjusted Outp ...
mechanisms, but to which people maintain
social valuations and
place attachment
Place attachment is the emotional bond between person and place, and one way of describing the relationship between people and spatial settings. It is highly influenced by an individual and his or her personal experiences. There is a considerable ...
. These are typically areas where the strength of capitalistic relationships has diminished within a
developed economy
In economics, economic development (or economic and social development) is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and object ...
.
These locations are products of
uneven development, which some consider an inherent feature of
capitalism
Capitalism is an economic system based on the private ownership of the means of production and their use for the purpose of obtaining profit. This socioeconomic system has developed historically through several stages and is defined by ...
. While some areas experience economic growth, depleted communities experience
economic stagnation
Economic stagnation is a prolonged period of slow economic growth (traditionally measured in terms of the GDP growth), usually accompanied by high unemployment. Under some definitions, ''slow'' means significantly slower than potential growth as ...
or
decline
Decline may refer to:
*Decadence, involves a perceived decay in standards, morals, dignity, religious faith, or skill over time
*in marketing, the stage in the product life cycle when demand for a product begins to taper off
* "Decline" (song), 20 ...
and a host of associated
social problems
A social issue is a problem that affects many people within a society. It is a group of common problems in present-day society that many people strive to solve. It is often the consequence of factors extending beyond an individual's control. Soc ...
.
According to experts in the field of
community economic development Community economic development (CED) is a field of study that actively elicits community involvement when working with government and private sectors to build strong communities, industries, and markets. It includes collaborative and participatory ...
, depleted communities can be seen as areas that have lost much of their economic rationale as
space
Space is a three-dimensional continuum containing positions and directions. In classical physics, physical space is often conceived in three linear dimensions. Modern physicists usually consider it, with time, to be part of a boundless ...
, while retaining high attachments and
social relations
A social relation is the fundamental unit of analysis within the social sciences, and describes any voluntary or involuntary interpersonal relationship between two or more conspecifics within and/or between groups. The group can be a language or k ...
of
place
Place may refer to:
Geography
* Place (United States Census Bureau), defined as any concentration of population
** Census-designated place, a populated area lacking its own municipal government
* "Place", a type of street or road name
** Of ...
.
See also
*
Capacity building
Capacity building (or capacity development, capacity strengthening) is the improvement in an individual's or organization's facility (or capability) "to produce, perform or deploy". The terms capacity building and capacity development have often ...
*
Industrialization
Industrialisation (British English, UK) American and British English spelling differences, or industrialization (American English, US) is the period of social and economic change that transforms a human group from an agrarian society into an i ...
*
Overproduction
In economics, overproduction, oversupply, excess of supply, or glut refers to excess of supply over demand of products being offered to the market. This leads to lower prices and/or unsold goods along with the possibility of unemployment.
T ...
*
Urban decay
Urban decay (also known as urban rot, urban death or urban blight) is the sociological process by which a previously functioning city, or part of a city, falls into disrepair and decrepitude. There is no single process that leads to urban decay. ...
*
Development economics
Development economics is a branch of economics that deals with economic aspects of the development process in low- and middle- income countries. Its focus is not only on methods of promoting economic development, economic growth and structural c ...
*
Poverty
Poverty is a state or condition in which an individual lacks the financial resources and essentials for a basic standard of living. Poverty can have diverse Biophysical environmen ...
*
Uneven and combined development
Uneven and combined development, unequal and combined development, or uneven development is a concept in Marxian political economy intended to describe the dynamics of human history involving the interaction of capitalist laws of motion and star ...
Notes
Economic geography
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