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Bookmark or Share- 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. The theory of ...
- What is economic development? Definition and examplesEconomic 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.
- Development Economics: Definition and Types - InvestopediaDevelopment economics is a branch of economic study that focuses on improving fiscal, economic, and social conditions in developing countries.
- U.S. Economic Development AdministrationTo lead the federal economic development agenda by promoting innovation and competitiveness, preparing American regions for growth and success in the worldwide economy.
- Economic Development Definition & Examples - QuickonomicsEconomic 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.
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