The part of the urban economy of developing countries characterized by small competitive individual or family firms, petty retail trade and services, labor-intensive methods, free entry, and market-determined factor and product prices.Group of answer choicesagglomeration economiescityinformal sectormigration model

An area with relatively high population density that contains a set of closely related activities.Group of answer choicesagglomeration economiescitymigration modelinformal sector

The notion that most governments in developing countries favor the urban sector in their development policies, thereby creating a widening gap between the urban and rural economies.Group of answer choicesUrban BiasLocalization economiesUrbanization economiesRural-urban migration

4  The government of a developed country subsidises local private businesses, and encourages large foreign companies to locate in the country.Which type of economic system is this?1 pointA free marketB mixedC plannedD subsistence

The agglomeration effects captured by particular sectors of the economy as they grow within an area.Group of answer choicesRural-urban migrationUrbanization economiesUrban biasLocalization economies

The core-periphery model helps to explain –Group of answer choiceswhy industry clusters near a market.growth poles.how underdeveloped countries are dependent on developed countries.how infrastructure benefits activity.