ABSTRACT
At subnational levels, economic growth and economic development take on far different meanings. And, the socially beneficial outcomes are often considered to be secondary to job growth, tax generation, and wealth creation. at is, the tax benefits for a community help to pay for better schools and safer communities with better assets, and that is often why economic development programs are funded, but there are a variety of factors that can be attributed to the improvement of the overall social setting. It may be far easier to assume that they are an outgrowth of economic development programs and measure the more direct consequences and benefits, such as jobs, income, employers, square feet of office space, and local expendable income.
