Economic Development Strategies for Rural Areas

Description

In the 20th century, economists, politicians, and others commonly used the term "economic development." However, the idea has been around for centuries in the West. Other words used to describe economic progress include modernization, westernization, and particularly industrialization. Environment and economic development are closely related. Instead of focusing on addressing general deficiencies, rural economic development should highlight the distinctive characteristics of each region. Instead of attempting to imitate urban economies, rural economic development should focus on and use the efficient geographical distribution of economic activity. Historically, local or regional authorities, regional development agencies, NGOs, national governments, or international development organizations have implemented top-down, rural development projects. Local inhabitants can also initiate endogenous development efforts. The phrase is not only applicable to problems in developing nations. In truth, rural development projects are highly active in many developed nations. The goal of this book's release is to draw attention to people who are interested in and worried about the development of the rural sector in our nation.