________ are geographic concentrations of interconnected companies and institutions in a particular field, which constitute a critical mass.
A) Districts
B) Clusters
C) Mill towns
D) Creative cities

Question

Quizplus · Accepted Answer

Clusters are geographic concentrations of interconnected companies and institutions in a particular field, which constitute a critical mass. This concept was popularized by Michael Porter in his book, The Competitive Advantage of Nations. Districts and mill towns may have some similarities to clusters, but they are not specifically focused on interconnected companies and institutions in a particular field. Creative cities refer to urban areas that foster creativity and innovation, but again, this is not necessarily limited to a particular field or industry.

________ Are Geographic Concentrations of Interconnected Companies and Institutions in a Particular