Definitions
There is 1 meaning of the phrase
Economic Development.
Economic Development - as a noun
The sustained, concerted actions of policy makers and communities that promote the standard of living and economic health of a specific area.
Example: "The five-year economic development strategy is the district's first strategic roadmap for sustained, sector-driven economic development."
Example Sentences
"The government invested heavily in infrastructure to stimulate economic development."
"Promoting entrepreneurship is crucial for sustainable economic development."
"The country's economic development was hindered by political instability."
"Tourism plays a significant role in the economic development of many regions."
"Investing in education is a key factor in long-term economic development."
