Cities like New York, Los Angeles/Hollywood, Paris, and Tokyo are considered global cities primarily due to their influence in world __________. A. religion B. culture C. trade, banking, and finance D. government
Geography · High School · Tue Nov 03 2020
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C. Trade, banking, and finance
Global cities like New York, Los Angeles/Hollywood, Paris, and Tokyo are considered as such primarily due to their influence in world trade, banking, and finance. These cities serve as major hubs for international business, finance, and economic activities. They are often characterized by the presence of significant financial institutions, stock exchanges, and multinational corporations, contributing to their global economic importance. While they may also have cultural and governmental significance, their prominence in the fields of trade, banking, and finance is a defining characteristic of their global status.