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GCE Economics 1990 Question 28

Question 28

Industrialisation

The concentration of industries in one area is referred to as

  1. A.location of industries
  2. B.multiplication of industries
  3. C.pluralization of industries
  4. D.proliferation of industries
  5. E.localization of industries.
Show the answer and explanation

Answer: E (localization of industries.)

Explanation

When many firms in an industry gather in one area this is localisation of industry.