ECONOMICS
ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A snowballing geographical process by which secondary and service industrial activities become clustered in cities and compact industrial regions in order to share infrastructure and markets.
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agglomeration
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deglomeration
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supranationalism
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syncretism
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Explanation:
Detailed explanation-1: -Fast, flexible production of small lots with outsourcing around the world is referred to as. post fordist.
Detailed explanation-2: -Why was steel used in place of iron in the Second Industrial Revolution? Steel could be made cheaply and efficiently. Iron was lighter and could be used to make smaller machines. Steel made better-looking machines and railways.
Detailed explanation-3: -St. Petersburg is one of Russia’s oldest manufacturing centers. The northeast industrial region of China (Shenyang) is today growing faster than other industrial regions in China. Japan has developed its industrial economy due to its abundant supplies of coal and iron ore.
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