El desarrollo económico
Example: El desarrollo económico de la región impulsó grandes cambios sociales.
Definition
"El desarrollo económico" refers to the process by which a region or country improves the economic well-being and quality of life for its inhabitants, often through increased production, infrastructure, and social progress. It involves growth in income, employment, and living standards.
Etymology
The term "el desarrollo económico" combines "desarrollo," meaning development or unfolding in Spanish, derived from the verb "desarrollar" (to develop or unwrap), and "económico," which relates to economics, coming from the Greek word 'oikonomikos,' meaning 'household management.' Together, they describe the concept of economic growth and progress.
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"El desarrollo económico" appears in the Vocaplus list "Spanish - History - (C1) - set 1", containing 198 commonly used words.
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the economic development