Question

what are agglomeration economies

Answer 1

When my factors like raw materials, labour, capital etc come together for the benefits provided by the urban centres .. its called Agglomeration economy

Answer 2

Explanation:

$\huge\green{QUESTION}$

What is Agglomeration economy?

$\huge\blue{ANSWER}$

A localized economy in which a large number of companies, services, and industries exist in close proximity to one another and benefit from the cost reductions and gains in efficiency that result from this proximity

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