What is economic development???
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Economic Development is programs, policies or activities that seek to improve the economic well-being and quality of life for a community. ... Each community has its own opportunities, challenges, and priorities. Your economic development planning must include the people who live and work in the community.
Answer:
what is it:-
Economic Development is programs, policies or activities that seek to improve the economic well-being and quality of life for a community. ... Each community has its own opportunities, challenges, and priorities. Your economic development planning must include the people who live and work in the community.
example:-
It is usually measured by an increase in the gross domestic product (GDP) or other measure of aggregate income. An example of economic development is when a country begins to produce more products and increase its overall wealth.