An example of industrial clustering is
A)Hollywood stock brokerages
B)Broadway casinos
C)Boston theme parks
D)Silicon Valley software makers
E)Wall Street theaters

Question

Quizplus · Accepted Answer

Silicon Valley software makers are a prime example of industrial clustering. This region in California is home to numerous technology companies, which benefit from being in close proximity to each other to share resources, knowledge, and talent. This concentration of similar businesses creates a competitive advantage and drives innovation in the industry.

An Example of Industrial Clustering Is