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Economies of density is efficiency gained by dense urban environments. Urban environments are generally more efficient for logistics and transport. They are also efficient for employment as workers living in a large city can more easily switch jobs without having to relocate. Economies of density can be extended to explain specialized shopping districts that offer dozens of shops selling similar items on the same street. Customers are attracted to the density of shops as a convenience for comparison shopping.|
Function | | Definition | Efficiencies gained by locating in a dense urban environment. | Examples | Workers in a large city can more easily switch jobs.
Employers in a large city can more easily attract skilled workers.Streets packed with competing shops are known to attract more customers than shops that are off by themselves.Logistics facilities such as warehouses may gain efficiencies by locating within close proximity to cities. | Related Concepts | |
Economics
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