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17 February, 14:26

What are three of the common factors that make local economies different?

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  1. 17 February, 16:45
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    Marketplace, advancements in technology, and investments

    Explanation:

    Various factors are involved which make a local economy different such as marketplace, advancement in technology and investment. These three are the most important and critical factors which distinguish local economies from the global or international market. The above three factors are important for economic growth and can take an economy from a developing to a developed economy.
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