river (rivers plural) A river is a large amount of fresh water flowing continuously in a long line across the land. n-count oft in names before n ...a chemical works on the banks of the river., ...boating on the River Danube.
Definition. Progress in an economy, or the qualitative measure of this. Economic development usually refers to the adoption of new technologies, transition from agriculture-based to industry-based economy, and general improvement in living standards.hen the country is in a state of economic development putting out the right product at the right time can lead to huge profits. 5 people found this helpful. When we visited some countries which were still in economic development, citizens gathered around us just to look at my smart phone and showed amazement.
Commonly people consider the definition of economic development to be vaguely related to business attraction, industrial growth, home building, or some type of construction within your nation, metropolitan area, or small town.Smarter folks talk about job creation as well.To be precise, the definition of economic development should be a net gain of money flow, called an economic base, into the community. This is equally true in Hong Kong, Los Angeles, Vienna, Dubuque, and an African village.marter folks talk about job creation as well. To be precise, the definition of economic development should be a net gain of money flow, called an economic base, into the community. This is equally true in Hong Kong, Los Angeles, Vienna, Dubuque, and an African village.