# Industry concentration

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- Post ID: 588712
- Modified: 2023-07-25T21:01:35+00:00
- Language: en

## Definition

The strong weight of a single industry within a geographically defined area. From the viewpoint of economics, sector concentration is undesirable and dangerous because the vulnerability to crises (even a moderate decline in demand causes an overall reduction in production and employment in the region) of the corresponding area is higher than average. - See Industry concentration. - Cf. Deutsche Bundesbank Monthly Report of March 2014, p. 67 (reasons for vulnerability to crises). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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