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industrial specialization

 
Geography Dictionary: industrial specialization

The domination in a region of a limited range of industries. Such a region will have a high location quotient in a few industries. Specialization may be advantageous as functional linkages are facilitated and external and agglomeration economies can be made, but an overdependence on a narrow range of industries can be dangerous and industrial diversification may be necessary.

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Geography Dictionary. A Dictionary of Geography. Copyright © Susan Mayhew 1992, 1997, 2004. All rights reserved.  Read more