The Role of Industry Clusters
| Order ID |
53003233773 |
| Type |
Essay |
| Writer Level |
Masters |
| Style |
APA |
| Sources/References |
4 |
| Perfect Number of Pages to Order |
5-10 Pages |
Description/Paper Instructions
“Urbanization and Economic Development: The Role of Industry Clusters
Urbanization and economic development are closely interlinked concepts. Urbanization refers to the process of increasing urban population and development of urban areas. Economic development refers to the growth of an economy over time. Industry clusters are a group of companies in a specific industry that are located in close proximity to each other. In this essay, we will discuss the role of industry clusters in urbanization and economic development.
Industry clusters play a crucial role in the development of urban areas. They create employment opportunities, attract investments, and contribute to the growth of the local economy. The presence of industry clusters also leads to the development of infrastructure such as transportation networks, power and water supply, and communication networks. These factors make the area more attractive for other businesses, leading to further economic development.
Industry clusters also benefit from the agglomeration effect. The agglomeration effect refers to the benefits that arise from the concentration of businesses in a particular area. For example, the concentration of software companies in Silicon Valley has created a pool of skilled workers and a network of suppliers and service providers, which has led to the growth of the industry in the area. The Role of Industry Clusters
Industry clusters also facilitate innovation and knowledge sharing. In a cluster, companies can share knowledge, expertise, and resources, leading to the development of new technologies and products. The presence of research and development facilities in the cluster also helps in the development of new ideas and innovation. The Role of Industry Clusters
Industry clusters also contribute to the development of the local community. They create job opportunities for local residents and generate tax revenues for local governments, which can be used to fund public services such as education and healthcare. The presence of industry clusters also leads to the development of cultural and recreational facilities, which make the area more attractive for residents.
However, there are also some challenges associated with industry clusters. One challenge is the risk of overdependence on a particular industry. If the industry experiences a downturn, the local economy could suffer. Another challenge is the risk of environmental degradation due to the concentration of industries in a particular area. This can lead to pollution and other environmental problems.
In conclusion, industry clusters play a crucial role in the urbanization and economic development of an area. They create employment opportunities, attract investments, and contribute to the growth of the local economy. They also facilitate innovation and knowledge sharing and contribute to the development of the local community. However, there are also some challenges associated with industry clusters, such as the risk of overdependence on a particular industry and environmental degradation. Therefore, it is important to carefully manage industry clusters to ensure their long-term sustainability and to mitigate their negative impacts.
The Role of Industry Clusters
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| Content (worth a maximum of 50% of the total points) |
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30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. |
40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. |
50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. |
| Use of Sources (worth a maximum of 20% of the total points). |
Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. |
5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. |
10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. |
15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. |
20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. |
| Grammar (worth maximum of 20% of total points) |
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5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors |
10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors |
15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. |
20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. |
| Structure of the Paper (worth 10% of total points) |
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3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. |
5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper |
7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. |
10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. |
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