What is Economic Development

1.

An increase in the amount of goods and services produced per head of the population over a period of time to keep all the people in minimum inequitable position. Learn more in: Public Expenditure on Defense and Economic Development: A Comparative Study on India and China

2.

Is the creation of wealth from which community benefits are realized. Learn more in: Results of Russian Occupation and Economic Crisis in Georgia's Conflict Areas in the Case of Abkhazia

3.

The financial performance in a specified geographic region, affecting wages, housing, businesses, goods movement, including a range of metrics on individual and aggregate changes over time. Learn more in: Regional Institutions for Transportation Sustainability and Economic Development: The Case of Southern California

4.

It represents positive changes in demographics of a geographical area or population. Such changes lead to the improvement of the population and the development of living conditions. Learn more in: Girls' Child Education Challenges and Solutions in MENA Countries: Case Study of Tunisia

5.

To enhance or grow an economy, traditionally with utilizing various resources, wealth, job creation, prosperity, and/or finances (e.g., investments) to improve the overall well-being or quality of life of people in the society. Learn more in: Entrepreneurship and Organizational Resilience: Responding to and Recovering From Crisis Situations (COVID-19)

6.

Is a dynamic long-term phenomenon that reflects the changes that are taking place in the economic, social, political, and cultural structures in an economic system. The economic development concept integrates the idea of economic growth, the increase of the production, and consumption opportunities, but it goes beyond this, considering that it is a process that implies the improvement in living standards, namely, better jobs, reduction in inequality income distribution, greater and better access to education and health, and improve of environmental protection. Learn more in: Is There Entrepreneurship Within the Public Sector?: A Literature Review

7.

A process by which the economic well-being and quality of life of a socio-economic system is improved. Learn more in: Quantum Theory and Artificial Intelligence in the Analysis of the Development of Socio-Economic Systems: Theoretical Insights

8.

Economic development refers to the sustained, concerted actions of communities and policymakers that improve the standard of living and economic health of a given country. The overall concept of development is complex and multidimensional. It comprises social, economic, cultural, anthropological and technological aspects. Learn more in: Tourism for Development in the Republic of Moldova: Empowering Individuals and Extending the Reach of Globalization

9.

Economic development refers to any positive progress in the economy aiming the social wellbeing of the citizens, and these positive progresses can be achieved through development of new technologies in all fields of the economy as well as adaption of more efficient legal programs. Learn more in: Importance of Women Employment in Economy: The Case of Turkey

10.

Is expressed in a longer period of time, consists in a series of structural changes, oriented to reach progress in industrial production, and increase the service sector. This will mean at the end, a better situation for population and welfare (Malizia, 1990). Learn more in: Globalization and Economy: Growth, Development, and Financial System

11.

The phenomenon of high per capita income along with an equitable distribution of income, high literacy rate, low mortality rate, and low level of poverty. Learn more in: The Opportunity Costs of Military Expenditure

12.

Process by which a nation improves the economic, political, and social well-being of its people. The term has been used frequently by economists, politicians, and others in the 20th century. The concept, however, has been in existence in the West for centuries. Modernization, Westernization, and especially Industrialization are other terms people have used while discussing economic development. Economic development has a direct relationship with the environment and environmental issues. Whereas economic development is a policy intervention endeavour with aims of economic and social well-being of people, economic growth is a phenomenon of market productivity and rise in GDP. Consequently, as economist A. Sen points out, “economic growth is one aspect of the process of economic development”. Learn more in: Infrastructure and Tourism Development: A Panel Data Analysis

13.

The creation of jobs and business that result in the financial betterment of society at large. Learn more in: Community Colleges and Workforce Development: Then and Now

14.

To enhance or grow an economy, traditionally with utilizing various resources, wealth, job creation, prosperity, and/or finances (e.g. investments) to improve the overall well-being or quality of life of people in the society. Learn more in: The Impact of Women's Empowerment on SDGs in the Digital Era: Entrepreneurship Solutions

15.

Economic development is the process and policies by which a nation improves the economic, political, and social well-being of its people. Learn more in: Chinese FDI Activity in Europe: Trends, Impacts, and Challenges

16.

“A process in which local governments or community-based (neighborhood) organizations engage to stimulate or maintain business activity and/or employment (Blakely and Bradshaw 2002).” Alternatively, the “growth and diversification of business activity that creates jobs, income and wealth, and creates investment that generates municipal revenue to fund facilities and services that maintain and enhance quality of life (Doctor et al. 2004).” Learn more in: Economic Development Alliances

17.

A process that enhances the economic, social, and political well-being of individuals and communities through the adoption of new techniques and activities and overall improvement of living standards. Learn more in: A Regional Approach to Mobility Management: Promoting Sustainability and Economic Growth Through Public Transit

18.

The process by which a nation improves the economic, political, and social well-being of its people. Learn more in: Statistical Analysis of Women's Labor Force Data of OECD Countries

19.

Is the creation of wealth from which community benefits are realized. It is more than a jobs program, it's an investment in growing your economy and enhancing the prosperity and quality of life for all residents. Learn more in: Montenegro and BRI Initiative: Between Economic Performance and Global Political Challenges

20.

A multidimensional process that involves major changes in social structures, popular attitudes, and national institutions as well the acceleration of economic growth, the reduction of inequality and the eradication of poverty. Learn more in: Global Market Trends

21.

The study of how the economies are transformed from stagnation to growth and how these economies convert from low income to high-income levels. Economic development understands as the improvement process of quality of life, the creation of propitious conditions for the growth of standards of welfare of population through the establishment of institutions and social, politics and economic systems that promote human dignity, respect for social conditions and cause the freedom of population through application of election variables, this is an expansion process of capacities that enjoy the people. Learn more in: Corruption, Economic Development, and Insecurity in Colombia

22.

It is defined as moving from a basic, low-income, and high unemployment national economies to a modern industrialized economy while preserving qualitative and quantitative economic progress. Learn more in: Green Finance and Sustainable Development: A Case of the Bangladesh Economy

23.

Improving living standards. Learn more in: In Azerbaijan: An Examination of the Relationship Between Human Capital Development and Macroeconomic Indicators

24.

The term in this chapter is used to refer to the measured increase in the output of a country concerning the socio-political welfare of the individuals living in a given geopolitical area. Learn more in: Rising Global Challenges in Energy Demand and the Politics of Climate Change in Government Operations: Policy and Economic Development Implications

25.

Growth in economic infrastructure or the development of economy. Learn more in: Agriculture, Mass Media, and the Economic Development of India

26.

To enhance or grow an economy, traditionally with utilizing various resources, wealth, job creation, prosperity, and/or finances (e.g., investments) to improve the overall well-being or quality of life of people in the society. Learn more in: Entrepreneurial Ecosystems Resilience and Institutional Voids: Solutions for Emerging Economies to Drive Economic Growth

27.

Economic development often relies on government intervention to produce better public services, provide industry incentives, and increase the skills base. Learn more in: Enterprise Architecture Solutions for an Aging Workforce

28.

Activities that satisfy the needs of the economy through the creation of income from jobs and employment opportunities, generation of profit, and increase in productivity. Learn more in: Ecotourism in Protected Areas: A Sustainable Development Framework

29.

Institutional reforms and concerted actions of policy makers and communities that promote higher standard of living and economic growth. Learn more in: Locational Determinants of Foreign Direct Investment in the Vietnamese Economy

30.

It entails the creation of wealth from which the community or region benefits are attained or realized. Learn more in: Evaluating the Future Possibilities of India-ASEAN Economic Relations: A Critical Assessment

31.

Economic development can be defined as the creation of wealth from which community benefits are realized. Economic development can also be seen as the process whereby simple, low-income national economies are transformed into modern industrial economies. Learn more in: Towards Making a Sustainable Organization

32.

Economic Development is an act of creating wealth and wellbeing among society. Learn more in: Entrepreneurship as the Vantage Point

33.

The process a nation employs in improving then economic, political, and social wellbeing of its people. Learn more in: Closing the Gender Gap in Human Capital Formation for the Fourth Industrial Revolution

34.

The process of continuous economic growth in a dynamic environment. Learn more in: “Belt and Road” Initiative as a Development Chance for the Western Balkan Countries: The Case of Serbia

35.

The creation and maintenance of the production, distribution, and consumption of goods and services. Learn more in: Public-Private Partnerships (P3s) between Businesses and Adult Education Providers

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Is a complex economic flow by which one country gradually liberates it from own economic underdevelopment and poverty, thus reaching higher developmental levels. This development consists of economic growth and changes in the composition of the economy. Learn more in: Financial Systems Reforms in Western Balkans Countries

37.

Is a process of restructuring of an economy to enhance the economic well-being of a community/ country. Learn more in: Women's Economic Empowerment in the Developing Countries: Reengineering Patriarchy?

38.

Economic growth that simultaneously enables the realization of structural changes, environmental sustainability, poverty reduction, which leads to social well-being. Learn more in: Relationship Between Population Health and Economic Development on the Example of European Countries