Which of the following terms is defined as a localized economy in which a large number of companies and industries cluster together and benefit from the cost reductions and gains in efficiency that result from this proximity?

Agglomeration
Corporation
Deglomeration
Deindustrialization
Fragmentation

Question

Which of the following terms is defined as a localized economy in which a large number of companies and industries cluster together and benefit from the cost reductions and gains in efficiency that result from this proximity?

Agglomeration
 Corporation
 Deglomeration
 Deindustrialization
 Fragmentation

Seafoam · Answer

Aggloremation?

JamesTDG · Answer

look at each dictionary definition

balling4days · Answer

@seafoam wrote:

Aggloremation?

exactly because agglomeration is a localized economy in which a large number of companies, services, and industries exist in close proximity to one another and benefit from the cost reductions and gains in efficiency that result from this proximity

Seafoam · Answer

Sorry if I'm confusing anyone, I'm just doing this to catch errors in the questions I did myself