What are agglomeration industries class 10 ecno.
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: 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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Agglomeration is a process: it refers to the snowballing process whereby more and more manufacturing firms cluster or a really concentrate in a relatively small area. ... The term urbanization economies refers to benefits that firms in a number of different industries receive from population and infrastructure clusters.
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