How do agglomeration industries develop?
Answers
Answered by
0
Answer:
Agglomeration economies exist when production is cheaper because of this clustering of economic activity. As a result of this clustering it becomes possible to establish other businesses which may take advantage of these economies without joining any big organization. This process may help to urbanize areas as well.
Similar questions
Math,
5 months ago
Math,
10 months ago
Physics,
10 months ago
History,
1 year ago
Social Sciences,
1 year ago