What is another word for Economic Development?

Pronunciation: [ˌiːkənˈɒmɪk dɪvˈɛləpmənt] (IPA)

Economic development refers to the process by which the economy of a region or country increases in size and capacity. It is a term that can be replaced or used interchangeably with other synonyms such as economic growth, industrialization, progress, advancement, modernization, and expansion. Each of these terms highlights different aspects of the economic development process, such as the increase in GDP, the rise of new industries, urbanization, technological advancements, and improvements in living standards. In essence, economic development encompasses all activities and policies that are designed to improve the economic well-being of a country or region and elevate the standard of living of its residents.

Synonyms for Economic development:

What are the hypernyms for Economic development?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    economic growth, economic expansion, fiscal growth, economic progress, fiscal expansion, financial development, financial growth, fiscal development.

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