Economic Development - Essay Example

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Economic Development

It is only by setting up and effectively executing proper economic development plans that these are achieved. New Jersey State employs a complex economic development plan. This encompasses both government initiatives and private sector initiatives. They all work in tandem towards the realization of a common goal which is uplifting the economy of the state. It is an intricate development plan that has so far worked out perfectly well. One of the arms of the intricate development plan of New Jersey State is the Department of Environmental Protection (DEP). This is machinery for protecting and enhancing the environment of the state. The environment is a very key aspect of the economy. Economic development would come to a halt if the environment is not protected. Industries would pollute the air with toxic gases; the water bodies with lethal effluents; there would be unbearable noise; there would be uncontrolled deforestation among others. All these have dire consequences for the development of the state. The state would lose its work force due to the death or ailment of its citizens. All sectors of the economy would thus be poorly managed. ...Show more

Summary

ECONOMIC DEVELOPMENT PLAN OF NEW JERSEY STATE Name: Instructor: Course: Date: An economic development plan is a mechanism that establishes a clear purpose and intent that guides a government towards the realization of set goals and objectives. A government utilizes it to uplift the economic state of its jurisdiction…
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Economic Development essay example
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