What is Economic Development?

What is economic development? It’s a question posed to many organizations tasked with growing the economy of a city or province. There are plenty of explanations floating around but they can be quite complicated. So what better way to explain how to create a stronger city in a simple and easy way than a video using everyone’s favourite childhood medium, LEGO. Learn what it takes to be a city builder!

[tiyanapetersen]

Exam: Define Economic development*
Me : Economic development is ice cream it is awesome😌🤝.

[ramendoodle]

Economic Development, explained by Lego people. Thanks, my brain is bigger now.

[zacharisincennes]

Comparing economic development to ice cream? This video shows a perfect example of what school should be like today.

[thrillerz]

Thank you for making this so simple to understand. I enjoyed watching the video.

[rizmacadillac]

This is a very interesting and good presentation. This covers a lot that i might not thing about but there is also more. Getting an education allows a person to get a better job and have higher-educated friends and this is part of Economic Development. I was reading about some developer in Scotland who has built a luxury golf course on a sand dune. Sounds like he's offering neighboring Farmers $1 million for their farms and is planning to build luxury homes around the Golf Course for wealthy golfers and businessmen and others who might want a coll summer home or just a nice place to live all year long. Luxury homes can easily cost $3 million to $7 million or whatever each and so the property once used for farming now produces much more in property taxes for the local communities. Some Neighbors don't want the development but this is what Government supports and what governments support it usually gets.

[dazita]

This explanation is so concise and accurate, loved the video!

[EcDev]

Very cute, and well done. Only wish they would have used/included Entrepreneurship. All of the great things that cascaded from the Ice Cream shop were possible because the founders (immigrants in this case) were entrepreneurs. That is the part that is often overlooked (or taken for granted) when explaining Economic Development - it all starts with entrepreneurs!

[joezeiter]

Very good video. Easy to understand, well done!

[trustyenriquez]

Love video guys! Thanks for the explanation :)

[rahel]

This video is awesome just like that ice cream. Thank you for making this. Keep making more please.

[gradyl]

I own the house lego set in the beginning

[harisshafi]

Sir :- What is economic development
Me :- economic development is ice cream 🍨
🤣

[ignatius_.]

WOW I KNOW WHAT ECONOMIC DEVELOPMENT IS NOW THANKS LEGO

[CadieCat]

Imagine if the kid had been lactose intolerant.

[elkc]

H-how dd-dare you teach me with Legos that's...that's ....well gosh darn it I've thanks Legos 😂

[SabiAsdf]

Economic development explained easily. Take your garbage throw it out of the window going down the freeway. You are boosting the economy by creating a job for someone to pick up that garbage and to further that if you get a ticket you are also paying that cops salary. Because they have to pay someone to clean up the garbage the area will look much nicer and that in turn bring in tourist $$$. I left the video I was watching just to leave this comment

[markbenedetho]

$32, 000 returns in just 16days, my financial life is totally changed

[wonggran]

Assume Asians make it hard to move. Now, the Asian's social hierachy is based on the simplest of things like doing chores, taking out the trash, etc. Now, suppose Asians can move. Then their social hierachy function is based on other things like education level, income, economic development contributions. Whereas now an Asian is deemed superior based on their appearace and ability to move. Decades of only prizing appearances and not focusing on their own eduction development, income disparity, and interactively domstic economic progress.

[eworknow]

Don't know how I bumped onto this. All in all GREAT content 🙌🙌. I also watched those similar from MStarTutorials and kinda wonder how you guys create these stuff. MSTAR TUTORIALS also had cool info about similiar make money online things on his vids.