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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
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 - 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 Explained: Stages, Goals Impact What is the economic development? While a healthy income is certainly a key part of a good life, economic development goes far beyond just growing a country’s GDP It’s a comprehensive approach to improving the overall well-being of a nation and its citizens
Economic Development – Definition, Meaning, Types and Features Economic development is the priority of local, state and federal government as it will lead towards an upgrading in innovation and new ideas, higher literacy rates, creation of jobs, improved environment, creation of higher wealth, labor support and better quality of life
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
Factors affecting economic development - Economics Help Economic development implies an improvement in economic welfare through higher real incomes and other welfare indices such as improved literacy, better infrastructure, reduced poverty and better health care
Economic Development - an overview | ScienceDirect Topics Economic development is the process through which economies are transformed from ones in which most people have very limited resources and choices to ones in which they have much greater resources and choices From: International Encyclopedia of the Social Behavioral Sciences, 2001
Economic Development - Encyclopedia. com In general, economic development is any activity that results in additional jobs and income Economic development suggests an improvement in the quality of life for a community Water is the basis for much economic development and industry, transportation, and energy production