A process of urban regeneration whereby previously poor and depressed neighborhoods in a city may become revalued in a new era of post-industrial capitalism and the home of wealthy professionals:

Question

Quizplus · Accepted Answer

Gentrification refers to the process where rundown urban areas are renovated and revitalized by affluent people moving in, often leading to the displacement of the original, lower-income residents. This process fits the description given.

A Process of Urban Regeneration Whereby Previously Poor and Depressed