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.
Whereas economic development is a policy intervention endeavor with aims of economic and social well-being of people, economic growth is a phenomenon of market productivity and rise in GDP.Consequently, as economist Amartya Sen points out, economic growth is one aspect of the process of economic development. Economic development' is a term that economists, politicians, and others have used frequently in the 20th century. The concept, however, has been in existence in the West for centuries.