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How does cumulative causation contribute to regional development? Group of answer choices Cumulative causation leads to the accumulation of capital, which promotes economic growth and

How does cumulative causation contribute to regional development?

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Cumulative causation leads to the accumulation of capital, which promotes economic growth and synergistic collaboration between companies.

Cumulative causation leads to the accumulation of advantages in specific geographic settings, which promotes regional development by avoiding the arrival of new firms, talent, and investments so that economic growth is promoted internally and remains in the hands of local firms and people.

Cumulative causation leads to the accumulation of advantages in specific geographic settings, which promotes regional development by attracting more firms, talent, and investments. This, in turn, reinforces the initial advantages and creates a self-reinforcing cycle of growth.

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