IntroED

IntroED - Defining Economic Development Friedman and...

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Defining Economic Development Friedman and Darragh/AEDC The process of creating wealth by mobilizing human, financial, physical, natural, and capital resources to produce (generate) marketable goods and services. The economic developer’s role is to influence the process for the benefit of the community through expanding job opportunities and the tax base. Economic Development Administration Economic development is fundamentally about enhancing the factors of productive capacity - land, labor, capital, and technology - of a national, state or local economy. Blakely A process by which local government and/or community-based groups manage their existing resources and enter into new partnership arrangements with the private sector, or with each other, to create new jobs and stimulate economic activity in a well-defined economic zone.
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Trends that Mandate L. E. D. Efforts National Economic Changes International Economic Changes National Locational Shifts Governmental Changes
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This note was uploaded on 11/27/2011 for the course URP 5540 taught by Professor Chapin during the Spring '10 term at FSU.

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IntroED - Defining Economic Development Friedman and...

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