The Clustering of Firms,that Are Part of the Same Industry,occurs

question 28

True/False

The clustering of firms,that are part of the same industry,occurs because the resources these firms need-both human and natural-are located in some areas and not others.

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Definitions:

Family Income

The total amount of money earned by members of a family, contributing to the household's economic status.

Self-Report Technique

A method of data collection where participants provide information about themselves, often used in research studies and surveys.

Observation

The process of monitoring or recording the behavior of people, objects or occurrences, usually for the purposes of research or assessment.

Naturalistic Observation

A research method in which subjects are observed in their natural environment without any manipulation by the observer.