Headquarters of large corporations are clustered in world cities,and shares of these corporations are bought and sold on the stock exchanges located in world cities.

Question

Quizplus · Accepted Answer

World cities such as New York, London, Tokyo, and Hong Kong are known for having a high concentration of corporate headquarters and major stock exchanges. This is because these cities provide access to global markets, financial institutions, and highly skilled labor pools. As a result, investors and companies alike flock to these cities for business opportunities and to capitalize on the benefits of clustering.

Headquarters of Large Corporations Are Clustered in World Cities,and Shares