local economy
A local economy refers to the economic activities and transactions that take place within a specific geographic area, typically encompassing businesses, residents, governmental organizations, and institutions operating within that locality.
Requires login.
Related Concepts (1)
Similar Concepts
- access to resources for local businesses
- building a thriving local ecosystem for businesses
- collaboration between local businesses
- economic growth at the local level
- entrepreneurship in local communities
- importance of local markets for small businesses
- local business development
- local businesses
- local culture
- local environment
- local government
- local resources
- market economy
- shared economy
- strong local economies