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Why is New York or the San Francisco Bay Area inherently high-productivity?
by pishpash 9y ago
Why is New York or the San Francisco Bay Area inherently high-productivity?
- stevehawk 9y agoProbably based on wealth, as it's the indication of productivity in most situations (silicon valley / stock exchanges and related financial services)
- Nokinside 9y agoUrbanization causes agglomeration benefits. Larger cities with high-tech industry get even more productivity increases. New York (finance and business center) and Bay area (Silicon Valley) had a good start before others and started collecting people and companies around the country.