What is government’s role in economic development?
By Katelin Cook
Special to the Herald Times
RBC | Economic development exists to create market productivity that enhances the economics and quality of life for a community, with the primary focus on retaining and creating jobs, growing incomes and increasing the tax base. Traditionally, economic development has three components.
1. Government activities to create a “business friendly” environment, create jobs, policy development, tax incentives and providing critical…