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STATE, LABOUR, FIRM, The role of states is confined to the provisions of…

- - - - Classified by tyoes of ownership:
        *State-owned
        *Private enterprises
      - Small firms are considered important to the health of the economy as they inject competition into the market
      - Large firms, particulary can contribute significantly to the rise and fall of cities and regions
  - - - Firms are strategic entities.
    - - In economy geography firms are increasingly viewed as socio.cultural entities that produce certain social regulations
- - - - The agreements typically link geographically proximate countries to another one with varying levels of economic integration and political coordination.