economic development

economic development
economic development economic development development

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economic development UK US noun [U] ECONOMICS
the process in which an economy grows or changes and becomes more advanced, especially when both economic and social conditions are improved: »

They're trying to promote economic development in the border areas.


The state has added $500,000 from the state economic development fund to help close the gap.


an economic development/initiative/strategy.


Energy plays a key role in Colorado's economic development strategy.

Financial and business terms. 2012.

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