Concept information
Término preferido
agglomeration economies
Definición
- By clustering in close proximity to one another, firms can lower their production costs and raise profits. This process is enormously important to many forms of production and is titled agglomeration economies—that is, the benefits derived from grouping together. [Source: Encyclopedia of Geography; Agglomeration Economies]
Concepto genérico
Pertenece al grupo
URI
http://data.loterre.fr/ark:/67375/N9J-X3J3LZ2C-B
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