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COMMONWEALTH OF MASSACHUSETTS Office of Consumer Affairs and Business Regulation DIVISION OF INSURANCE 1000 Washington Street Suite 810 Boston, MA 021186200 (617) 5217794 FAX (617) 5217475 http://www.mass.gov/doiCHARLES
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Economic development refers to the process by which a country, region, or community improves its economic well-being and quality of life for its residents through sustainable growth in jobs, income, and wealth.
Businesses, government agencies, non-profit organizations, and other entities may be required to file economic development reports depending on local regulations and policies.
Filling out economic development reports typically involves providing information on financial performance, employment figures, investment activities, and other relevant data that demonstrate economic progress.
The purpose of economic development is to create a thriving and sustainable economy that benefits all members of a community by promoting job creation, increasing wealth, and improving living standards.
Information that must be reported on economic development may include financial statements, employment figures, investment activities, economic indicators, and other relevant data that demonstrate economic progress.
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