ABSTRACT

The most well-known example of a city in extreme economic distress is Detroit. Any economic development professional will complete that thought in the following way: but, keep in mind that these positive impacts, when one or more companies come to an area, will also occur when a company leaves. The connection between primary workers and the secondary and tertiary economies in a community also works in the other direction. Economists are clear in their expressions that, when a city or a region adds jobs in the primary economic base, it also adds jobs in the secondary and tertiary economies – those individuals who provide goods and services to the primary employer's workforce, as well as to the employer itself. Jobs in the secondary and tertiary economies disappear, institutions have to lessen their offerings, and the community loses some of its quality of life.