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What is Agglomeration in Economics? - Definition, Process, Theory & Effects

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question 1 of 3

What force limits the benefits firms receive from agglomeration?

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1. Which is NOT an efficiency generated by localization economies?

2. A shopping mall is an example of _____.

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About This Quiz & Worksheet

Use these study resources to quiz yourself on what you know about agglomeration in economics. Questions will assess your understanding of areas including the force that limits the benefits firms get from agglomeration and the efficiency generated by localization economies.

Quiz & Worksheet Goals

These study tools will assess how well you know how to:

  • Interpret a shopping mall as an example
  • Identify an example of the diseconomies of scale
  • Determine an accurate statement on localization economies

Skills Practiced

Practice the following study skills:

  • Reading comprehension - ensure that you draw the most important information from the related lesson on agglomeration in economics
  • Critical thinking - apply relevant concepts to examine information about efficiency generated by localization economies in a different light
  • Information recall - access the knowledge you've gained regarding the benefits firms receive from agglomeration

Additional Learning

Learn more about this topic with the lesson called What is Agglomeration in Economics? - Definition, Process, Theory & Effects. The lesson addresses the following objectives:

  • Define agglomeration
  • Analyze agglomeration theory and process
  • Explain efficiencies
  • Recognize the difference between urbanization economies and localization economies
  • Assess agglomeration effects
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