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Author Question: What is meant by an industrial district and what are the three main sources of the economic ... (Read 94 times)

danielfitts88

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on: Jun 30, 2018
What is meant by an industrial district and what are the three main sources of the economic advantages derived from locating in such a district?
 
  What will be an ideal response?

Question 2

Based on Table 9.1, the balance on the financial account is
 
  A) +100.
  B) +200.
  C) 0.
  D) -100.
  E) -200.


234sdffa

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Reply #1 on: Jun 30, 2018
Answer to Question 1

An industrial community is a geographical concentration of firms in the same industry. Silicon Valley and Bollywood are modern examples. The advantages are (1 ) specialized suppliers, (2 ) labor market pooling, and (3 ) knowledge spillovers.

Answer to Question 2

D


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danielfitts88

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Reply #2 on: Jun 30, 2018
Thank you


234sdffa

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Reply #3 on: Jun 30, 2018
No problemo


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