Industrial development
Term · Law · MLC-T-LAW-002615
The process of economic growth and transformation characterized by the expansion of manufacturing, technology, and infrastructure within a region or nation. Governments often promote industrial development through policies such as tax incentives, infrastructure projects, and regulatory frameworks. This can involve the creation of industrial zones or special economic areas.
| Identifier | MLC-T-LAW-002615 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-002615",
"term": "Industrial development",
"field": "Law",
"definition": "The process of economic growth and transformation characterized by the expansion of manufacturing, technology, and infrastructure within a region or nation. Governments often promote industrial development through policies such as tax incentives, infrastructure projects, and regulatory frameworks. This can involve the creation of industrial zones or special economic areas.",
"url": "https://mlchart.com/terminology/law/industrial-development/"
}
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