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.
In general, economic development is usually the focus of federal, state, and local governments to improve our standard of living through the creation of jobs, the support of innovation and new ideas, the creation of higher wealth, and the creation of an overall better quality of life.ou could ask ten different people what economic development is and easily get ten different answers! In general, economic development is usually the focus of federal, state, and local governments to improve our standard of living through job creation and ultimately a better quality life.