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Question 1 of 4
1. Question1 point(s)
Primary markets, also known as gateway or establishment markets refer to cities that are slightly smaller than the largest densest populated areas.
Question 2 of 4
2. Question1 point(s)
A secondary market refers to cities that are slightly smaller than primary markets. Secondary markets have slightly less economic activity, but are typically growing in terms of local commerce, industry and population.
Question 3 of 4
3. Question1 point(s)
Investors choose to invest in secondary markets because they have many of the same characteristics as primary markets.
Question 4 of 4
4. Question1 point(s)
Which of the following facets is not something to be cautious of when selecting a secondary market?