What are the main goals of economic development?

Economic Development And Sustainability Questions



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What are the main goals of economic development?

The main goals of economic development are to improve the standard of living, reduce poverty and inequality, create employment opportunities, promote sustainable economic growth, enhance infrastructure and public services, attract investments, and foster technological advancements and innovation. Additionally, economic development aims to diversify the economy, increase productivity and competitiveness, and ensure the long-term sustainability and resilience of the economy.