Answer: Option C
Answer: (c)
Economic development generally refers to the sustained, concerted actions of policymakers and communities that promote the standard of living and economic health of a specific area. Economic development can also be referred to as the quantitative and qualitative changes in the economy.
Such actions can involve multiple areas including the development of
human capital,
critical infrastructure,
regional competitiveness,
environmental sustainability,
social inclusion,
health,
safety,
literacy, and
other initiatives.