Question

What are ‘agglomeration economies’ in the industrial context? ​

Answer 1

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Agglomeration economies refers to the benefits received by the firms and people when they come together to make use of the advantages offered by the urban cities that prove helpful to them

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Answer 2

Answer:

we have read about the agglomeration economics in the chapter manufacturing industries from geography therefore the meaning of agglomeration economics in the industrial context is that:--

●cities provide Markets and also provide services such as banking insurance transport labour consultants and financial advice etc to the industry.

● many Industries tend to come together to make use of these advantages of food by the urban centres known as agglomeration economics.

Explanation:

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