External Economies in a sentence

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External Economies in a sentence

(1) External economies can lead to increased productivity in a region.

(2) The presence of external economies can attract foreign direct investment.

(3) External economies can enhance the reputation and brand image of a region.

(4) The presence of external economies can lead to cost savings for businesses.

(5) External economies can lead to job creation and economic growth in a region.

(6) External economies can result from the availability of shared customer bases.

(7) External economies can result in increased economies of scale for businesses.

(8) The presence of external economies can encourage collaboration and innovation.

(9) The presence of external economies can attract businesses to a particular area.

(10) The presence of external economies can enhance the competitiveness of a region.



External Economies sentence

(11) External economies can lead to increased job opportunities for local residents.

(12) External economies can result in increased research and development activities.

(13) External economies can result in increased export opportunities for businesses.

(14) External economies can result in a higher standard of living for the population.

(15) External economies can result in increased investment in education and training.

(16) External economies can result in increased specialization and division of labor.

(17) External economies can arise from the availability of shared financial resources.

(18) External economies can result in improved infrastructure and services in a region.

(19) External economies can result in cost savings for companies operating in a cluster.

(20) The existence of external economies can attract skilled labor to a particular area.




External Economies make sentence

(21) External economies can lead to the creation of support services and infrastructure.

(22) The establishment of industry-specific regulations can generate external economies.

(23) External economies can result from the availability of shared distribution channels.

(24) External economies can arise from the sharing of resources and knowledge among firms.

(25) The development of external economies can attract skilled workers to a specific area.

(26) The presence of external economies can attract foreign direct investment to a region.

(27) External economies can lead to increased productivity and efficiency in the industry.

(28) External economies can create a positive business environment and attract investment.

(29) External economies can lead to the development of industry clusters and supply chains.

(30) External economies can result in improved access to markets and distribution networks.



Sentence of external economies

(31) The presence of a vibrant local market can generate external economies for businesses.

(32) External economies can arise from the availability of shared manufacturing facilities.

(33) The presence of external economies can attract more businesses to a particular region.

(34) The growth of a specific industry can generate external economies for related sectors.

(35) The development of a skilled workforce can generate external economies for the region.

(36) The presence of external economies can attract new businesses to a particular location.

(37) The establishment of industry-specific trade associations can create external economies.

(38) The existence of industry-specific conferences and events can create external economies.

(39) The presence of external economies can lead to the development of specialized suppliers.

(40) The establishment of industry-specific training programs can generate external economies.




External Economies meaningful sentence

(41) The existence of a supportive business network can generate external economies for firms.

(42) The development of a strong local supply chain can generate external economies for firms.

(43) External economies can result in improved access to financing and capital for businesses.

(44) The development of external economies can contribute to regional economic diversification.

(45) External economies can contribute to the sustainability and resilience of local economies.

(46) The presence of a strong local talent pool can generate external economies for businesses.

(47) The growth of a specific industry can generate external economies for the local community.

(48) External economies can lead to the creation of specialized industries in a particular area.

(49) The existence of external economies can encourage collaboration and innovation among firms.

(50) The existence of external economies can lead to the growth of a vibrant business community.



External Economies sentence examples

(51) The existence of external economies can foster knowledge spillovers and technology transfer.

(52) The development of a collaborative business culture can create external economies for firms.

(53) The presence of external economies can stimulate investment and entrepreneurship in a region.

(54) The presence of external economies can lead to the growth of a skilled workforce in a region.

(55) External economies can result from the clustering of similar businesses in a particular area.

(56) External economies can create opportunities for knowledge spillovers and technology transfer.

(57) The development of external economies can create a positive feedback loop for economic growth.

(58) External economies can be realized through the sharing of knowledge and expertise among firms.

(59) The existence of a strong entrepreneurial ecosystem can generate external economies for firms.

(60) External economies can result in increased trade and export opportunities for local businesses.



Sentence with external economies

(61) External economies can be achieved through the presence of shared technological infrastructure.

(62) External economies can result from the availability of shared research and market intelligence.

(63) The development of infrastructure can create external economies for the surrounding businesses.

(64) The existence of external economies can attract research and development activities to a region.

(65) The development of a strong transportation network can create external economies for businesses.

(66) The existence of external economies can lead to the preservation and promotion of local heritage.

(67) External economies can arise from the availability of shared marketing and advertising resources.

(68) The presence of a supportive regulatory environment can create external economies for businesses.

(69) The development of external economies can lead to the creation of a supportive business ecosystem.

(70) External economies can result from the availability of specialized suppliers in a specific region.




Use external economies in a sentence

(71) External economies can contribute to the attraction of tourism and cultural activities to a region.

(72) The presence of external economies can lead to the formation of industry associations and clusters.

(73) The existence of external economies can lead to the formation of business networks and partnerships.

(74) External economies can be achieved through the presence of shared research and development facilities.

(75) The presence of external economies can lead to the development of specialized educational institutions.

(76) The presence of external economies can lead to the attraction of skilled professionals to the industry.

(77) The development of infrastructure can create external economies for businesses in the surrounding region.

(78) External economies can be realized through the presence of complementary industries in a particular area.

(79) The development of external economies can lead to the establishment of industry associations and networks.

(80) External economies can be achieved through the availability of a skilled labor force in a particular area.

(81) The development of external economies can result in improved access to financing and capital for businesses.



External Economies meaning


External economies refer to the benefits that a firm or industry receives as a result of the growth and development of other firms or industries in the same region or economy. These benefits are external to the individual firm or industry and arise from factors such as the availability of skilled labor, infrastructure, knowledge spillovers, and economies of scale. To effectively use the term "external economies" in a sentence, it is important to understand its meaning and context. Here are some tips on how to incorporate this phrase into your writing:


1. Define the term: Begin by providing a clear definition of external economies to ensure that your readers understand the concept.

For example, "External economies are the advantages gained by a firm or industry due to the growth and progress of other firms or industries in the same area."


2. Provide examples: Illustrate the concept of external economies by giving specific examples. This will help your readers grasp the practical implications of the term. For instance, "A local manufacturing company benefits from external economies when it can easily access a skilled workforce from nearby technical schools and universities."


3. Explain the benefits: Elaborate on the advantages that external economies bring to a firm or industry. This will help your readers understand why these economies are important.

For example, "External economies can lead to cost savings for a firm as it can share infrastructure and resources with other businesses in the area, reducing its operational expenses."


4. Discuss the factors contributing to external economies: Highlight the various factors that contribute to the development of external economies. This could include factors such as proximity to suppliers, access to transportation networks, and the presence of research and development institutions. For instance, "The presence of a well-established research university in a region can create external economies by facilitating knowledge spillovers and fostering innovation among local businesses."


5. Analyze the impact on the local economy: Explore the broader implications of external economies on the local economy. Discuss how these economies can attract new businesses, create employment opportunities, and stimulate economic growth.

For example, "External economies play a crucial role in attracting foreign direct investment to a region, as multinational corporations are drawn to areas with a well-developed supply chain and a skilled labor force."


6. Compare with internal economies: Differentiate between external economies and internal economies to provide a comprehensive understanding of the term. Internal economies refer to the advantages gained by a firm due to its own growth and expansion. Highlight the differences between these two concepts to avoid confusion. For instance, "While internal economies arise from factors within a firm, such as economies of scale, external economies are derived from external factors beyond the control of a single firm."


7. Consider the global context: Discuss how external economies can also have implications at a global level. Explore how the growth and development of industries in one country can impact other countries through trade and investment flows.

For example, "The external economies generated by the rapid growth of the technology sector in Silicon Valley have had a global impact, attracting entrepreneurs and investors from around the world." By following these tips, you can effectively incorporate the term "external economies" into your writing, providing a clear and comprehensive understanding of its meaning and implications.





The word usage examples above have been gathered from various sources to reflect current and historical usage of the word External Economies. They do not represent the opinions of TranslateEN.com.