Concept information
Preferred term
agglomeration economies
Type
-
Topic
Definition
-
The benefits obtained when multiple companies are located near each other, due to decreased production costs and other advantages brought by network effects.
Source: NAL Thesaurus Staff
Type: Concept definition
Broader concept
Synonyms
- economies of agglomeration
In other languages
-
Spanish
URI
https://lod.nal.usda.gov/nalt/199367
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