Urbanization brings about a social change. This is most prominent in the expansion of entrepreneurship and industrialization. It is known that the progress of the landless laborer and the absorption of wealth into a few hands promote urbanization. A lot of people say that urbanization is the predictable outcome of economic growth, with the increase of expert craftsmen, merchants, and proprietors. Urban growth or urbanization brings an attraction for the people residing in rural areas. They get attracted by the luxuries, comforts and opportunities which people of cities are enjoying.
Both the natural increase (population growth) and net migration are the major contributory factors to urban growth. As in other parts of the world, although the urban growth in Pakistan is dominated by the natural increase, about one-fifth of this growth is certified to internal migration. Internal migration or urbanization has played a major role in the expansion of the population density in the major cities of Pakistan. Internal migration has also been very important in the fast growth of these cities. Urbanization is more rapid than a population growth. People are moving from rural areas to urban areas for a better living standard, to seek better quality education, mesmerizing work places. Besides all the positive aspects of urbanization, it also has a negative impact on the economy which includes the loss of agriculture land, urban food supply like vegetables, wheat, rice, maize etc., the devastating of habitats and urban diseconomies. Economy of Pakistan thus has both negative as well as positive effects of urbanization. Further moving on with the details of effects of urbanization on Pakistani economy, we need to know the conditions of the economy of Pakistan at present. The economy of Pakistan and the effects of urbanization on Pakistani economy are discussed in below:
Economy of Pakistan:
The economy of Pakistan is placed to be the 27th largest in