> #indicators , #economic-development , #sources-of-income > Discussion of the contribution can be seen through indicators of economic development, such as sources of income.
Anonymous
Apr 17

Discussion of the contribution can be seen through indicators of economic development, such as sources of income.

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Apr 17
For example, if a community's main source of income shifts from agriculture to tourism due to the contribution of a new hotel or resort, this can be seen as a positive impact on economic development. This shift can lead to job creation, increased revenue for local businesses, and overall growth in the local economy.

Additionally, the contribution can also be measured through indicators such as infrastructure development. For instance, if a company invests in building new roads, schools, or healthcare facilities in a community, this can lead to improved quality of life for residents and attract more investment in the area.

Overall, the contribution of a new project or initiative can have a significant impact on economic development in a community, and it is important to consider these indicators when evaluating the success and benefits of such contributions.
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