Economic hub

An economic hub is a central location where significant economic activities take place, such as businesses, industries, and services. These areas are vital for trade, finance, and innovation, attracting investment and talent. Examples include cities like New York or London, which are known for their financial markets and global connections. Economic hubs often provide infrastructure, resources, and a skilled workforce, facilitating growth and development in the surrounding region. They play a crucial role in the national and global economy by driving commerce and creating job opportunities.