- economic development
- /ˌi:kənɒmɪk dɪ'veləpmənt/ nounthe expansion of the commercial and financial situation● The economic development of the region has totally changed since oil was discovered there.● The government has offered tax incentives to speed up the economic development of the region.● Economic development has been relatively slow in the north, compared with the rest of the country.
Marketing dictionary in english. 2015.
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