Economic regions

Economic regions are geographical areas defined based on shared economic activities, resources, and development patterns. They help governments, businesses, and organizations plan policies, investments, and infrastructure by grouping areas with similar economic characteristics. These regions may be based on industries, resources, or economic performance, and often cut across political boundaries. By analyzing economic regions, stakeholders can better understand regional strengths, address disparities, and promote balanced growth. Essentially, they are tools to organize economic data and strategies to support regional development effectively.