The Tendency of Producer Services to Cluster in Large Urban

question 48

True/False

The tendency of producer services to cluster in large urban areas is explained in large part by agglomeration economies.

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Definitions:

Telecommuting

A flexible work arrangement allowing employees to work from remote locations, such as their home, through digital communication.

Employee Recognition

The acknowledgment and appreciation of an employee's work and contributions to the organization, often used as a motivational tool.

Globalization

The process by which businesses, cultures, and societies become more interconnected and interdependent through trade, communication, and technology on a global scale.

Connectivity

Refers to the state or extent of being connected or interconnected, especially regarding telecommunications or computing devices.