What is development?How it is very important to every country?
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Answer:
development is a process of targeted activities and programs that work to improve the economic wellbeing and quality of life of a community by building local wealth, diversifying the economy, creating and retaining jobs, and building the local tax base.
Explanation:
Economic development helps to protect the local economy from economic downturns by attracting and expanding the region's major employers. The increased presence of companies in the region translates to increased tax revenue for community projects and local infrastructure.
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hey mate your answer is here☺️☺️,
Economic development helps to protect the local economy from economic downturns by attracting and expanding the region's major employers. The increased presence of companies in the region translates to increased tax revenue for community projects and local infrastructure.
Hope it helps you✌️✌️
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