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What is economic development? Definition and examples Economic Development is the process by which emerging economies become advanced economies In other words, the process by which countries with low living standards become nations with high living standards
Economic development - Wikipedia In the economics study of the public sector, 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 - What Is It, Characteristic, Stages, Causes Economic development is a crucial element that fuels economic growth, generating new job possibilities and facilitating an enhanced quality of life for current and future citizens by facilitating more access to opportunities brought about by economic growth
Economic Development: Definition, Scope, and Measurement Economic development has greatly improved living conditions and incomes across the world However, an alarming and inevitable consequence of modern economic development is the massive negative impact on the natural environment
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
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 as an objective of policy - Encyclopedia Britannica The aim of economic development is to improve the material standards of living by raising the absolute level of per capita incomes Raising per capita incomes is also a stated objective of policy of the governments of all developing countries