Question

in easy wording economic development ​

Answer 1

Answer:

Economic Development is the creation of wealth from which community benefits are realized. It is more than a jobs program, it's an investment in growing your economy and enhancing the prosperity and quality of life for all residents.

Answer 2

Answer:

Economic development is defined by Wikipedia as “the process by which a nation improves the economic, political, and social well-being of its people.” Like we said, it's a broad scope.  This means a focus on innovation, skills and infrastructure, as well as overall economic growth