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🌐 Entity
Economic development
Process and policies to improve economic well-being
📊 Rating
1 news mentions · 👍 0 likes · 👎 0 dislikes
📌 Topics
- Finance (1)
- Investment (1)
- Economic Development (1)
🏷️ Keywords
Form 13G Partners Group (1) · Lending Fund (1) · Finance (1) · Investment (1) · Economic Development (1) · Capital (1) · February 18 (1) · Credit Access (1)
📖 Key Information
In economics, economic development (or economic and social development) is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and objectives.
The term has been used frequently in the 20th and 21st centuries, but the concept has existed in the West for far longer. "Modernization", "Globalization", and especially "Industrialization" are other terms often used while discussing economic development.
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