What do you mean by “agglomeration economies”? How is it be fitted for the Iron - and Steel
industry of India?
Answers
Answered by
1
Answer:
when industries come together to take advantages offered by urban centres it is known as agglomeration economies. It is fitted into iron and steel industries as many of them have come together to take advantage of services offered by urban centres like a nearby market ; banks ; financial advice; transport etc
Similar questions