Development and urban studies scholar Karl Seidman summarizes economic development as "a process of creating and utilizing physical, human, financial, and social assets to generate improved and broadly shared economic well-being and quality of life for a …

2025年1月2日 · economic development, the process whereby simple, low-income national economies are transformed into modern industrial economies.

Economic Development is the process by which emerging economies become advanced economies. In other words, the process by which countries with low living standards become nations with high living standards.

2023年2月28日 · Economic development is the process by which a country or nation progresses from a low-income economy to a thriving modern industrial economy. It is broader than economic growth and typically indicates a country's transformation that …

2024年12月23日 · Economic development is a process through which the overall education, well-being, health, income and living standards of the general population improves. This is where the economy will gradually grow, change and become advanced.

ECONOMIC DEVELOPMENT definition: the process in which an economy grows or changes and becomes more advanced, especially when both…. Learn more.

2024年9月8日 · Economic development refers to the process through which a region, country, or community improves the well-being of its citizens through targeted objectives such as increasing income, reducing poverty, creating jobs, and expanding access to healthcare and education.