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If you were to Select 1 of the economic concentrations (clusters) below: Seattle-Tacoma-Olympia, WA aerospace / defense industry Central California winemaking industry Hollywood movie industry

If you were to Select1 of the economic concentrations (clusters) below:

  • Seattle-Tacoma-Olympia, WA aerospace / defense industry
  • Central California winemaking industry
  • Hollywood movie industry
  • Silicon Valley Technology hub
  • Texas / Louisiana Gulf Coast crude oil and natural gas production and refining
  • Pre-1994 vs Post-1994 US auto and light truck production and the reasons for the change in economic concentration

How would you Writean evaluation of economists' assessments of the role the 4 factors of production played in determining how the economic concentration you selected has evolved. Complete the following in your evaluation:

  • Analyze how the economic concentration in the area you chose was influenced by competition and pricing.
  • Analyze how the economic concentration in the area you chose influenced the supply chain.
  • Analyze which of the 4 factors of production were the most and least important in determining the economic concentration of the area you chose.
  • Predict changes you anticipate for the area of economic concentration you chose. Support your predictions.

Considerthe resources provided and other academically appropriate sources.

Citeat least 2 academically credible sources. The use of charts and tables to illustrate data is highly encouraged.

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