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Economic development - Wikipedia In economics, economic development (or economic and social development) is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and objectives
Economic development | Definition, Examples, Programs, Importance . . . economic development, the process whereby simple, low-income national economies are transformed into modern industrial economies Although the term is sometimes used as a synonym for economic growth, generally it is employed to describe a change in a country’s economy involving qualitative as well as quantitative improvements
Economic Development 101: What Is It and Why Does It Matter? Simply put, economic development is the process of boosting the wealth within a community by generating new “outside” dollars This can be done in various ways; people often equate it with bringing in new businesses
Economic Development - Brookings Explore Brookings research and analysis on economic development, focusing on policies and strategies that drive growth and prosperity in urban and rural communities
Economic Development – Definition, Meaning, Types and Features What is Economic Development? Economic development is a process through which the overall education, well-being, health, income and living standards of the general population improves This is where the economy will gradually grow, change and become advanced
Economic Development - Intelligent Economist Economic Development is indicated by an increase in the quality of life Economic Growth is measured by an outward shift in the Production Possibility Curve
Economic Development - an overview | ScienceDirect Topics The practice of economic development aims at developing, attracting, and retaining or capturing economic activity for a designated locality Economic activity equates to increased tax base, jobs, and the resources to pay for civic goods ranging from roads to symphonies or museums
Economic Development Definition Examples - Quickonomics Economic development is a broader concept that includes economic growth as one of its components but goes beyond it to include improvements in a range of life quality measures, such as health, education, and environmental sustainability
Economic Development | RAND Economic development includes a host of issues—including energy supply; technology; and access to jobs, food, water, education, health care, and housing—that are fundamental to improving the economic status of communities and transforming impoverished nations