Ad
related to: economic development initiatives examples
Search results
Results From The WOW.Com Content Network
With this in mind, economic development is typically associated with improvements in a variety of areas or indicators (such as literacy rates, life expectancy, and poverty rates), that may be causes of economic development rather than consequences of specific economic development programs. For example, health and education improvements have ...
Often CED initiatives are implemented to overcome crises and increase opportunities for communities who are disadvantaged. An aspect of "localizing economics," CED is a community-centered process that blends social and economic development to foster the economic, social, ecological, and cultural well-being of communities.
Local economic development (LED) is an approach to economic development, of note in the developing world that, as its name implies, places importance on activities in and by cities, districts and regions. Local economic development combines economic development activities, urban planning, infrastructure development and social development ...
The Amish community are an example of economic development being possible without complete modernisation. Profit is given less importance to religion and its values. [11] Farmers in the Amish community refrain from using modern technological equipment and still find ways to sell their products at market prices and make profits. [12]
Rural development is the process of improving the quality of life and economic well-being of people living in rural areas, often relatively isolated and sparsely populated areas. [1] Often, rural regions have experienced rural poverty , poverty greater than urban or suburban economic regions due to lack of access to economic activities, and ...
Cluster development (or cluster initiative or economic clustering) is the economic development of business clusters. The cluster concept has rapidly attracted attention from governments, consultants , and academics since it was first proposed in 1990 by Michael Porter .
Community-driven development (CDD) is an initiative in the field of development that provides control of the development process, resources and decision making authority directly to groups in the community. The underlying assumption of CDD projects are that communities are the best judges of how their lives and livelihoods can be improved and ...
An example of such an intervention includes emission permits or credits, whereby some market participants are able to offset their activity by paying other participants to reduce their own quantity. While theoretically possible, quantity floors are rarer in practice.