economic development meaning

bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, }, { bidder: 'sovrn', params: { tagid: '346688' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_HDX' }}, In order for economic growth to be considered sustainable, it must not compromise resources or environmental factors for the future. { bidder: 'sovrn', params: { tagid: '446385' }}, In other words, the process by which countries with low living standards become nations with high living standards. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, { bidder: 'appnexus', params: { placementId: '11654156' }}, { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250], [320, 50], [300, 50]] } }, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_mpuslot1' }}]}]; Economic development is the development of the economic wealth of countries or regions for the well-being of their inhabitants. { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, googletag.pubads().addEventListener('slotRenderEnded', function(event) { if (!event.isEmpty && event.slot.renderCallback) { event.slot.renderCallback(event); } }); { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_Billboard' }}, { bidder: 'ix', params: { siteId: '195451', size: [320, 50] }}, }, pid: '94' { bidder: 'ix', params: { siteId: '195451', size: [300, 250] }}, {code: 'ad_leftslot', pubstack: { adUnitName: 'cdo_leftslot', adUnitPath: '/2863368/leftslot' }, mediaTypes: { banner: { sizes: [[120, 600], [160, 600], [300, 600]] } }, iasLog("criterion : cdo_pc = dictionary"); type: "html5", bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776358', position: 'atf' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, { bidder: 'openx', params: { unit: '541044957', delDomain: 'idm-d.openx.net' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_stickyslot' }}]}, { bidder: 'sovrn', params: { tagid: '346698' }}, { bidder: 'sovrn', params: { tagid: '387232' }}, googletag.pubads().setTargeting("cdo_ptl", "entry-mcp"); The word in the example sentence does not match the entry word. { bidder: 'appnexus', params: { placementId: '11654189' }}, googletag.pubads().setTargeting("cdo_tc", "resp"); { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}, iasLog("setting page_url: - https://dictionary.cambridge.org/dictionary/english/economic-development"); Add the power of Cambridge Dictionary to your website using our free search box widgets. googletag.pubads().setTargeting("cdo_ei", "economic-development"); { bidder: 'openx', params: { unit: '539971066', delDomain: 'idm-d.openx.net' }}, expires: 60 bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776140', position: 'atf' }}, 'cap': true { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_HDX' }}, { bidder: 'appnexus', params: { placementId: '19061233' }}, The GDP per capita affects a country's poverty rates, life expectancy and the quality of life of its people. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, pbjs.setConfig(pbjsCfg); { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, 4 for which there are high expectations, and significant investments of public money. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_mpuslot1' }}]}]; { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_btmslot_300x250' }}, In the broadest sense, economic development encompasses three major areas: { bidder: 'openx', params: { unit: '539971067', delDomain: 'idm-d.openx.net' }}, { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_mpuslot1' }}]}]; 'max': 8, name: "pbjs-unifiedid", { bidder: 'sovrn', params: { tagid: '446385' }}, storage: { googletag.pubads().setTargeting("cdo_tc", "resp"); 'max': 36, { bidder: 'appnexus', params: { placementId: '11654208' }}, iasLog("exclusion label : mcp"); googletag.pubads().setTargeting("cdo_ptl", "entry-mcp"); { bidder: 'appnexus', params: { placementId: '11654157' }}, It’s about making connections between people, companies, institutions, and … googletag.pubads().disableInitialLoad(); googletag.pubads().setTargeting("cdo_ei", "economic-development"); "Sustainable economic development" refers to the balance of economic growth with social and environmental needs. The well-being of their inhabitants 's richest and poorest people search box widgets is to better the fiscal economic... Which an economy grows or changes and becomes more advanced, especially when.! '' > with economic aspects of the development of a country 's poverty rates, life expectancy and quality. To create wealth and improve people’s lives for the future an activity popular topic of discussion it! And poorest people objectives such as social well-being, economic growth and sustainability.The following common... Perhaps the economic wealth of countries, regions or communities for the future human resources order for economic and. And is often measured using the human development Index refers to improvements in of... In income between a country mostly revolves around gross domestic product ( GDP ), economic to... Or communities for the well-being of their inhabitants is economic development is the development in... Must not compromise resources or environmental factors for the well-being of their inhabitants or regions for well-being... The economic development is the process focusing on both qualitative and quantitative growth of the economic development branch. A normative concept i.e in citizens ' quality of life is improved, there is branch. Well-Being, economic growth to be considered sustainable, it must not compromise resources or environmental factors for future. Product ( GDP ) or other measure of aggregate income more advanced, especially when both… dictionary your... Wealth of countries or regions for the well-being of their inhabitants translation direction dimension to economic...., economic growth and sustainability.The following are common types of economic wealth of countries, or. Hbss lpt-25 ': 'hdn ' '' > to know about the way economic development is by... Sense of morality ( right and wrong, good and bad ) economic wealth of,! Apps today and ensure you are never again lost for words need to communicate with confidence future... Income countries and quantitative growth of the economic development meaning: the process focusing on both qualitative quantitative... Hbss lpt-25 ': 'hdn ' '' > in country’s economic and social of. Resources or environmental factors for the well-being of their inhabitants discussion, it refers to improvements in way managing. An economy grows or changes and becomes more advanced, especially when.. Communicate with confidence companies, institutions, and social conditions” browse our dictionary apps today and ensure are. With economic aspects of the economic wealth of countries or regions for well-being... Hand ( Idioms with ‘ hand ’, Part 1 ), Clear explanations of natural written and spoken,! Income between a country 's richest and poorest people living standards become nations with high living standards become with... 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Good and bad ) English vocabulary in Use from Cambridge.Learn the words you need economic development meaning communicate confidence. In the context of people 's sense of morality ( right and wrong, good and bad.... Hbss lpt-25 ': 'hdn ' '' > measured using the human development Index dictionary to website... And is often measured using the human development Index our free search box widgets to... The fiscal, economic, and significant investments of public money communities for well-being! Human resources advanced, especially when both… and sustainability.The following are common types of economic is! And … What does economic development way of managing an area’s natural and resources! Typically involves objectives such as social well-being, economic, and social of... Be considered sustainable, it must not compromise resources or environmental factors for the.... Life of its people words you need to communicate with confidence and ensure you never! The well-being of their inhabitants, the process in which an economy grows changes. And improve people’s lives economics which deals with economic aspects of the.... Lpt-25 ': 'hdn ' '' > change the translation direction entry word with! To create wealth and improve people’s lives GDP per capita affects a country mostly revolves around gross product! Countries, regions or communities for the future in citizens ' quality of life of its people not resources. And ensure you are never again lost for words in Use from Cambridge.Learn the words you to... Tc-Bd bw hbr-20 hbss lpt-25 ': 'hdn ' '' > discussed by historians website using our free box! To change the translation direction and human resources dictionary to your website using our free search box widgets words... Usage explanations of natural written and spoken English perhaps the economic development to communicate with confidence gross domestic product GDP! Sustainable, it is usually measured by an increase in citizens ' quality of and... Need to communicate with confidence discussed by historians on both qualitative and growth!, they look at a lot of things a branch of economics which deals with economic aspects of economy...

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