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That's a bit less true than it used to be. Shenzhen supposedly used to work that way. When some small factory ran out of capacitors in board assembly, they'd send a runner to Huaqiangbei for another reel. But now ordering has mostly moved online. There's less of a role for all those tiny stalls stocking components.

That just cuts out a layer in the distribution chain. The part you want is probably manufactured not too far away.

The US used to have manufacturing cities where you could get everything you needed in specific industries. There was the New York City garment district for clothes. Mary Quant, inventor of the miniskirt, writes in her autobiography, "Quant by Quant", about her first visit to New York with a native guide. She was getting things set up for manufacturing in days instead of the months it took in the UK.

Detroit had cars, of course. Most of the auto parts suppliers were nearby. Now, the US auto industry is very spread out. "Trenton Makes, the World Takes" is still on a huge sign in Trenton, NJ., but it's more nostalgia then reality. Waterbury, Connecticut had watch manufacturers and other mechanical precision devices.

Those centers of industry are mostly gone. Even Hollywood is in troublel



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