development of economy

USAGE SUMMARY

"development of economy" is a correct and usable phrase in written English.
You can use it any time you wish to refer to the process of making an economy stronger and more efficient. For example, "The government is focused on implementing policies to promote the development of economy."

✓ Grammatically correct

Science

Academia

News & Media

Human-verified examples from authoritative sources

Exact Expressions

36 human-written examples

As the finding of the study indicates, the firms that are supported by the government were more successful than their counter parts, therefore the government should expand its scope in developing small firms that contributes for the development of economy.

Journal of Innovation and Entrepreneurship

With the rapid development of economy, environmental protection and energy shortage are becoming more and more acute in China.

International Journal of Hydrogen Energy

With the development of economy and information technology, the competition between enterprises has already entered the period of "competition between supply chains".

Systems Engineering Procedia

So, the eco-design in land consolidation project can realize ecological compensation and also achieve the coordinated development of economy, ecology, and society.

Energy Procedia

With the development of economy, the expansion in industrial production resulted in the increase in the number of malignant environmental pollution incidents.

Process Safety and Environmental Protection

With the rapid development of economy and the increase of people's living standards, functional foods are being gradually embraced by consumers and have a great growth potential.

Agricultural Sciences in China

Human-verified similar examples from authoritative sources

Similar Expressions

24 human-written examples

Another example is international trade data containing information about the evolution of markets and the development of economies.

MIT Technology Review

With the growth and development of economies, disaster losses are increasing as well.

International Journal of Disaster Risk Science

Mining is one of the most important economic activities which have the potential of contributing substantially to the development of economies of countries endowed with the mineral resources all over the world.

Environmental Systems Research

The irresponsible, unregulated development of economies, including--but not limited to--the United States and others following our example punishes life itself at a nearly unimaginable rate.

Huffington Post

Intra-Africa trade could prove to be a key avenue for achieving sustainable development of economies and preparing for competition and globalization.

Food and Agriculture Organization of the United Nations

Expert writing Tips

Best practice

When discussing broad strategies, use "development of economy". When referring to specific metrics or quantifiable changes, "economic growth" might be more appropriate.

Common error

Don't confuse "development of economy", which refers to comprehensive progress, with simple increases in GDP. Economic development includes improvements in living standards, infrastructure, and social well-being, not just monetary gains.

Linguistic Context

The phrase "development of economy" functions as a noun phrase, typically serving as the subject or object of a sentence. It describes a process of improvement and advancement within an economic system, a usage confirmed by Ludwig AI.

Expression frequency: Common

Frequent in

Science

45%

Academia

25%

News & Media

15%

Less common in

Formal & Business

10%

Encyclopedias

3%

Wiki

2%

Ludwig's WRAP-UP

The phrase "development of economy" is a grammatically correct and frequently used noun phrase that describes the process of improving and advancing an economic system. Ludwig AI confirms its validity and common usage. While alternatives like "economic development" and "economic growth" exist, the choice depends on the specific context. The phrase is commonly found in scientific, academic, and news sources, indicating its formal register. Remember that true economic development goes beyond mere financial gain and includes improvements in overall well-being.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

economic development

Reverses the order of the words; a more common and concise phrasing.

economic growth

Focuses on the increase in the production of goods and services.

advancement of the economy

Emphasizes the forward movement or progress of the economy.

progress of the economy

Highlights the advancement and improvement in economic conditions.

expansion of the economy

Focuses on the increase in the size or scope of the economy.

strengthening of the economy

Highlights efforts to make the economy more robust and resilient.

economic progress

A broad term referring to improvement in economic well-being.

economic advancement

Similar to progress but emphasizes moving to a higher level.

flourishing economy

Implies a thriving and prosperous economic state.

economic revitalization

Focuses on the restoration of an economy after a period of decline.

FAQs

How is "development of economy" different from "economic growth"?

"Economic growth" refers specifically to the increase in the production of goods and services, often measured by GDP. "Development of economy", on the other hand, encompasses broader improvements in living standards, infrastructure, and social well-being.

What are some alternatives to "development of economy"?

You can use alternatives like "economic development", "economic growth", or "advancement of the economy", depending on the specific context.

Is it more appropriate to say "development of the economy" or "economic development"?

Both are correct, but "economic development" is the more commonly used and concise phrasing.

What role does infrastructure play in the "development of economy"?

Infrastructure is a crucial component in the "development of economy", facilitating trade, transportation, communication, and overall productivity.