what do u mean by agglomeration economies?
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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 the advantages offered by the urban centres known as agglomeration economies.
advice, etc. to the industry. Many industries tend to come together to make use of the advantages offered by the urban centres known as agglomeration economies.
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The mechanism in which two or more than two companies come together and join with partnership in order to gain the benefits provided by the government is regarded as agglomeration economies.
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