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New Development Patterns for a New Economy

Matt Ball on December 10, 2013 - in Planning

Leaders in all metropolitan areas must make decisions about their economic base and future growth patterns. Will they continue the late 20th century pattern of spread-out development that is hostile to pedestrians, bicyclists and transit? Or will they layer on top of this base a different pattern of growth that embraces the knowledge economy?

Transitioning to the 21st century knowledge economy – industries such as high technology, biomedical, professional services, advanced manufacturing, etc. – is inherently more risky. These new industries have not been able to obtain the government subsidies. States with knowledge-based economies send far more money to the federal government than they receive in return, the opposite of the 20th century economy states. Knowledge-based economies offer the choice of development patterns, both the familiar drivable suburban and walkable urban development.

Read more in the Sacramento Bee

About Matt Ball

Matt Ball is a former editor and publisher of V1 Media.

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