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Assess how urban industrial areas in LICs/NEEs can be a stimulus for economic/social development

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Final answer:

Urban industrial areas in LICs/NEEs can stimulate economic and social development through job creation, technological advancements, and infrastructure development.

Step-by-step explanation:

Urban industrial areas in LICs/NEEs can act as a stimulus for economic and social development in several ways. Firstly, these areas attract investment and create employment opportunities, leading to economic growth and improved living standards. For example, the establishment of factories in urban areas can provide jobs for local populations and contribute to the overall development of the region. Secondly, urban industrial areas often serve as centers for innovation and technological advancements, fostering knowledge transfer and skills development. This can further contribute to economic and social development by promoting entrepreneurship and improving productivity. Lastly, the presence of industrial areas can lead to the development of supporting infrastructure, such as transportation networks and utilities, which benefit both the industrial sector and the wider community.

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