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Encyclopedia I World Data
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Economies

Local Economic Development (LED), as its name implies, places importance on activities in and by cities, districts and regions. This involves added micro-economic measures at the local level to complement macro-economic measures at the national level. LED encompasses a range of disciplines including physical planning, economics and marketing, all with the goal of building up the economic capacity of a local area to improve its economic future and the quality of life for all.

 

Medicine Hat

Alberta

National economic planning entails macroeconomic policies and financial planning conducted by governments to stabilize the market or promote economic growth in market-based economies.