Which of the following is not true for Silicon Valley in California?
A) It receives 25% of all capital in the United States that is spent on new industries.
B) Lenders and investors continue to fund Silicon Valley start-ups even though each start-up has a high chance of failure.
C) Focus is on labor-intensive manufacturing for Silicon Valley.
D) The availability of capital is more important than the proximity to skilled labor.
E) It has a very high-skilled labor force.
Answer: C
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