We've got 1,399 shorthands for economic development »
Acronyms that contain the term economic development
Page #56What 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 |
---|---|---|
BEDAC | Business and Economic Development Advisory Commission | |
BEDAC | Business and Economic Development Advisory Commission | |
BEDAC | Business and Economic Development Advisory Commission | |
CREDA | Cumberland Regional Economic Development Association | |
CREDA | Cumberland Regional Economic Development Association | |
CREDA | Cumberland Regional Economic Development Association | |
CREDA | Cumberland Regional Economic Development Association | |
OECD | Organization for Economic Co-Operation and Development | |
OECD | Organization for Economic Co-Operation and Development | |
CED | Community Economic Development | |
CED | Community Economic Development | |
BMZ | Federal Ministry for Economic Cooperation and Development | |
BMZ | Federal Ministry for Economic Cooperation and Development | |
BMZ | Federal Ministry for Economic Cooperation and Development | |
CEDEAO | Central Economic Development Enquired At Operations | |
CEDEAO | Central Economic Development Enquired At Operations | |
ISED | Innovation, Science and Economic Development | |
ISED | Innovation, Science and Economic Development | |
RED | Rural Economic Development program | |
RED | Rural Economic Development program | |
EDA | Economic Development Agency | |
EDA | Economic Development Agency | |
EDA | Economic Development Agency | |
SEDAR | Strategic Economic Development And Reforms |
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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