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What is Economic Development and What Does and Economic Development Organization Do?

What is Economic Development and What Does and Economic Development Organization Do?

Economic development is the intentional practice of improving a community’s economic well-being and quality of life. It includes a broad-range of activities to attract, create, and retain jobs, and to foster a resilient, pro- growth tax base and an inclusive economy. The practice of economic development comprises of a collaborative effort involving industry, government and myriad community stakeholders.

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