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The political map of the US increasingly represents a divided America, and this political divide has roots in an increasing economic divide.
In brief – rural areas tend to have lower average incomes (though also cheaper rent) higher rates of unemployment, declining population, reliance on one major employer and more concentrated on the primary sector – farming, mining and commodity extraction.
Source: The Conversation
By contrast, metropolitan urban areas have seen faster rates of population growth, higher levels of immigration, rising average incomes (though also rising rents) and have become magnets for large technological giants setting up business in these dense, heavily populated areas.
The urban-rural divide can become exaggerated. For example,
Read full article » https://www.economicshelp.org/blog/143272/economics/americas-rural-urban-economic-divide/
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This blog is written by Tejvan Pettinger. (born 1976)
He lives in Oxford where he works as an Economics teacher (A Level students) at Greenes College and formerly with Cherwell College, Oxford. Tejvan Pettinger studied PPE at Lady Margaret Hall, Oxford University, gaining a 2:1.
He contributes articles to the Economic Review and writes regularly on economics.
Between 2001 and 2006 he worked as examiner and Team Leader for Edexcel examinations.