23131600
| Question | Answer |
| What are the governmental attitudes towards the private sector | lassie fare |
| What are the benefits of having a culturally vibrant city? | -Attractive to young skilled workers. -Wealthy energetic aesthetic attractive to venture capitals. -Acceptance reduces social conflicts |
| Why is it beneficial to have a physical business presence in SF bay? | -Creates a personal contact with clients and venture capitals to entice trade. -Advertises employment opportunities to those in the Uni's near by (SF, Berkley uni's) |
| What is the main employment sector in SF? | -Quaternary industry in bioscience and technological advancements. -SF has become a global hub for innovation in biotechnology (Skilled employment) |
| Why is it becoming more attractive to businesses to locate in rural areas around SF rather than silicon valley? | -Cheaper house and construction prices -More natural Aesthetic -Efficient transport systems make commuting easy |
| Explain Synergy | The interconnectivity between companies and businesses which creates an efficient trading environment. |
| How many people does SF bio-science companies employ? | >164,000 people |
| Give 3 economic opportunities found in SF | -Synergy provides efficient trading environment for large businesses increasing revenue -Business incentives for new businesses fast-track start-ups -Abundant venture capital presence enables high investment rates ($11 million capital funding per year) |
| Give 3 social incentives in SF | -Vibrant culture and nightlife very attractive to youthful populations. -welcoming and accepting culture reduces social conflict -natural and vibrant aesthetic improves QofL and biodiversity |
| Give an environmental advantage of SF | -High investment into clean technology research increases environmental sustainability. -225 Clean Technology businesses employing 60,000 people |
| Why does synergy benefit efficiency of business? | Increased competition of similar businesses such as that of YouTube (Bay area) and similar social media platforms |
| What is the average house price in SF | $1.25 million |
| Give 3 economic costs of SF's economic boom | -High relative poverty rates shown by poverty line sitting at an income of $250,000 -Housing shortages have hugely inflated costs of living and renting accomidation (Average house price of $1.35 million) |
| Give social costs of SF's economic boom | -High Gini coefficient shows deprivation between richest and poorest -The loss of culture as a result of high costs of living making unsustainable living for arts performers etc - |
| What is the Potrero power station? | An area of brown field on the central water front of SF. -Environmental burden |
| Give the economic opportunities in the regeneration of the potrero power station | -2,400 new homes to address housing shortage (decrease housing costs) -2 million square feet of commercial space containing retail (accessible employment) |
| Give the social opportunities In the regeneration of the potrero power station | -100,000 square feet of community facilities (maintain mental health) -6 acres of open spaces (parks etc) increase natural aesthetic and improve mental wellbeing |
| Give the environmental opportunities in the potrero power station regeneration | 6 acres of open green space increase the natural biodiversity and provide local carbon sinks |
| what is the google affect? | The negative socio-economic impacts on the less affluent population, of gentrification resulting from the boom in STEM industry |
| Give the social costs of the google affect | -Increased segregation between different social groups. (Induces socio-economic divide) -Poor access to healthcare for the less affluent -increased infant mortality |
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