Definition. Progress in an economy, or the qualitative measure of this. Economic development usually refers to the adoption of new technologies, transition from agriculture-based to industry-based economy, and general improvement in living standards.hen the country is in a state of economic development putting out the right product at the right time can lead to huge profits. 5 people found this helpful. When we visited some countries which were still in economic development, citizens gathered around us just to look at my smart phone and showed amazement.
Extended family day: Alex Rodriguez stepped out with his daughters, Ella and Natasha (not visible) for a family lunch in New York with both his former wife, Cynthia Scurtis (left), and longtime girlfriend, Torrie Wilson, on Sunday afternoon.
She is also a member of the Council on Foreign Relations and the Aspen Strategy Group. Rice married Canadian-born news producer Ian Officer Cameron, who used to be executive producer of ABCâs â'This Week with George Stephanopoulos,â in 1992 at the St. Albans School chapel. The couple met while both were students at Stanford, and have two children.