The Growth of the Motion Picture Industry in Los Angeles,the

question 8

Multiple Choice

The growth of the motion picture industry in Los Angeles,the petrochemical industry in Houston,the software industry in "Silicon Valley," are all examples of how the growth of an industry within a city can create cost advantages for future growth.Economists refer to this phenomenon as:

• A)industry economies of scale
• B)agglomeration economies
• C)location quotient
• D)linkages

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Definitions:

Adults

Individuals in a species who have reached full growth or maturity, especially human beings typically over the age of 18.

Personality and Work Preference Types

The theory that individuals' personalities make them more suited to certain types of occupations or work environments than others.

John Holland

An American psychologist best known for his career development theory that matches job environments with individual personalities and preferences.

Stratification System

A stratification system is the hierarchical arrangement of individuals in a society, often based on factors such as wealth, power, race, or social status.