detailed answer of what is agglomeration with ..examples ..plss its urgent
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agglomeration refers to mass of collection of a thing at one place
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Hi there!
Cities provide market to the industry. They also provide services such as Banking, Insurance, Transport, Labour, Consultants and Financial advice, etc.
Many industries tend to come together to make the use of advantages offered by the Urban centres known as Agglomeration Economies.
Gradually, a large industrial Agglomeration* takes place.
*Agglomeration economies occur when the larger market, lower transportation costs and other benefits outweigh the added expenses (such as higher rent or taxes) of working in a city.
[Thank you! for asking the question. ]
Hope it helps!
Cities provide market to the industry. They also provide services such as Banking, Insurance, Transport, Labour, Consultants and Financial advice, etc.
Many industries tend to come together to make the use of advantages offered by the Urban centres known as Agglomeration Economies.
Gradually, a large industrial Agglomeration* takes place.
*Agglomeration economies occur when the larger market, lower transportation costs and other benefits outweigh the added expenses (such as higher rent or taxes) of working in a city.
[Thank you! for asking the question. ]
Hope it helps!
IshanS:
welcome!
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