Economic agglomeration is an example of a location advantage.

Name: Economic agglomeration is an example of a location advantage.
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Question

Economic agglomeration is an example of a location advantage.

Quizplus · Accepted Answer

Economic agglomeration refers to the concentration of related industries and businesses in a particular geographic location, which can result in lower costs due to shared resources and economies of scale. This concentration of businesses and industries can provide a location advantage for companies looking to locate or expand their operations in the area.

Economic Agglomeration Is an Example of a Location Advantage