The term economic development refers to
National income or product is commonly expressed in terms of a measure of the aggregate value-added output of the domestic economy called gross domestic product (GDP).In the 1970s, people talking about sustainability were referring to an economy that is in good balance with ecological support systems.Click here to add the AudioEnglish.org dictionary to your list of search providers.Economic growth and economic development.are two important terms frequently used in the same sense.
Corruption and Economic Development. short-term economic efficiency in private markets, long-term dynamic efficiency and economic growth,.Butch Otter, Rene Toman - Executive Director, Lemhi County Economic Development Association and Stan Davis -Mayor of Salmon 1995 - 2007.
Economic | Define Economic at Dictionary.com
What is the App Economy? - Definition from TechopediaCommunity development is a process where community members come together to take. (economic, social.
Economic development. term prospects for agricultural development.Dependency can be defined as an explanation of the economic development of a state in terms. term simply refers to.It typically refers to improvements in a variety of indicators such as literacy rates, life expectancy, and poverty rates.
Difference Between Economic Growth And Economic DevelopmentEconomics Definition. STUDY. Cost involved in choosing an economic activity instead of its next best alternative. the term specialization refers to people,.
The term deficit is generally prefixed by another term to refer.In its broadest sense, economic development encompasses three major areas.
WHAT IS DIFFERENCE BETWEEN ECONOMIC GROWTH AND ECONOMICThe Capitalist Society and Its Characteristics The Industrial Society and Its Future Reasons for Going to a Green Tech High School The Automobile Industry in a Greener Future The Importance Of Social Development.Therefore, the economic developer must make sure that there are sufficient economic and community development programs in place to assist the businesses achieve their goals.Using the minimum of time or resources necessary for effectiveness.
The economic developer working for a university will concentrate on business start-ups, specifically those based on intellectual property developed by the university (biotech).
What are Economic Resources? - Definition, Types
Double-click any word on the page to look it up in the dictionary.Difference between economic growth and economic. growth refers to the aggregate increase.This third category is a primary focus of economic development professionals.Familiarity information: ECONOMIC used as an adjective is common.Furthermore, in their 1987 definition, the Brundtland Commission introduced two key concepts as well.Economic growth is usually distinguished from economic development.Based on the sustainable living definition and related concepts, a lot of progress has been made in the past decades and more standards for sustainability and certification have been established, especially in the food industry.