Celebrate Epiphany. January 6, which is 12 days after Christmas in the Gregorian calendar, marks not only the end of the Christmas holidays but also the start of the Carnival season, which climaxes with Mardi Gras.
Noun. 1. prosperity-an economic state of growth with rising profits and full employment. economic condition-the condition of the economy.
Economic development refers to the enhancement in GDP and several other factors such as the improvement in average earnings of the people in a nation. Whenever a countryâs GDP increases, it means that economic development has occurred, which is very beneficial to that country and its people. Further below are benefits of economic development. 1. Increases employment rate. Economic development leads to high employment rate. When businesses and firms produce more products, their internal need for people increases gradually and thus they are forced to hire more people.