The stimulation of new growth as well as retaining current jobs in a community is often the focus of economic development agencies. Some economic development agencies work with local or state authorities along with private industries in order foster economical growth and development. Economic development agencies may be based in one area of the country but direct their efforts to many communities scattered in rural and urban parts of the Unites States that are especially in need of economic development. Education grants are sometimes offered by economic development agencies in the hopes that it will eventually lead to more jobs and economic growth in that area where the students attend school.
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