Economic development is one of the most important elements of an effective community development plan. Economic development can mean jobs for the community, as well as the development of new businesses and the enhancement of a city's tax base, which provides the funds to operate the government. I had campaigned on the need for responsible alternative economic development. But, one of the first things I learned is that community development often gets misinterpreted as economic development. That is an unfortunate mistake, since the term community development has a much broader meaning, both conceptually and practically. Community development means development of a wide variety of facets of a community, and it always includes people in its definition as well as other key elements that make up the infrastructure of the community.
Newport, Eugene "Gus"
""Economic Development" is not "Community" Development: Lessons for a Mayor,"
Trotter Review: Vol. 8
, Article 5.
Available at: http://scholarworks.umb.edu/trotter_review/vol8/iss1/5