
Economic revitalization
Economic revitalization refers to efforts aimed at improving a community's economic health by boosting business activity, increasing employment, and attracting investment. It often involves revitalizing declining neighborhoods, supporting local businesses, and improving infrastructure. The goal is to create a thriving economy that provides opportunities and enhances residents' quality of life. Strategies may include incentives for businesses, development projects, and workforce training. Overall, it’s about restoring economic vitality to contribute to a community's growth and sustainability.