We've got 1,399 shorthands for economic development »
Acronyms that contain the term economic development
Page #2What does economic development mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: economic development.
Possible matching categories:
Term | Definition | Rating |
---|---|---|
MACED | Mountain Association For Community Economic Development | |
MEDIC | Mercy Economic Development International Corporation | |
WEDA | Wisconsin Economic Development Association | |
SEDC | Sarawak Economic Development Corporation | |
SEED | Sustainable Energy For Economic Development | |
SEED | Social Economic and Environmental Development | |
WEDB | Whyalla Economic Development Board | |
LEDA | Lafayette Economic Development Authority | |
WEDA | Washington Economic Development Association | |
EDS | Economic Development Services | |
EDGE | Economic Development Generating Excellence | |
SEDC | Siouxland Economic Development Corporation | |
CEDAM | Community Economic Development Association of Michigan | |
SEDC | Seguin Economic Development Corporation | |
OECD | Organization for Economic Cooperation and Development | |
RECD | Rural Economic Community Development | |
RECD | Rural Economic Community Development | |
SEDC | State Economic Development Corporation | |
SEEDCO | Structured Employment Economic Development Corporation | |
REDI | Revolving Economic Development And Initiative | |
UED | Urban Economic Development | |
CLED | Centre for Local Economic Development | |
WEDG | White County Economic Development Group | |
SEEDS | Social Ecological Economic Development Studies | |
WEDC | Wayne Economic Development Council |
What does economic development mean?
- Economic development
- In the economics study of the public sector, 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", "Westernization", and especially "industrialization" are other terms often used while discussing economic development. Historically, economic development policies focused on industrialization and infrastructure; since the 1960s, it has increasingly focused on poverty reduction.Whereas economic development is a policy intervention aiming to improve the well-being of people, economic growth is a phenomenon of market productivity and increases in GDP; economist Amartya Sen describes economic growth as but "one aspect of the process of economic development". Economists primarily focus on the growth aspect and the economy at large, whereas researchers of community economic development concern themselves with socioeconomic development as well.
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"economic development." Abbreviations.com. STANDS4 LLC, 2024. Web. 7 May 2024. <https://www.abbreviations.com/economic%20development>.
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