Question

Is GDP more important for living in a city or its infrastructure. For example, Los Angeles no question it's a top economic city in the world but its building or railroad are old.It only has some large building in the center of the city. BUt in China, most of the cities are developing very fast. Their infrastructures are very good eventhough their economic part not on a same lvl with LA. Which one is better for people to living in the future? I don't think LA will spend time or money to build new railroad and more new large buildings.

Answer 1

GDP is more important for living in a city compared to its infrastructure. Infrastructure is only for adding luxury and comfort to somebody's life. For instance, driving on good roads, having luxurious buildings would make your life comfortable. But GDP is the actual indicator of the state of development of any city. High level of GDP indicates high level of production and services in any city, which would ultimately provide employment opportunities to the population.

Population always looks for employment opportunities which would give them the required money to sustain life. Once they are satisfied physiologically then only they can enjoy the luxury and comfort of life in the form of building and railroad.