EconomicsImagine you work in the economic developmentdepartment for a small town or municipality. Youhave been tasked to write a briefing note to thecouncil on how to adopt CED strategies into theirstrategic planning. Choose one of the topics belowto employ in your note to council. Your note shouldoutline what the recommended strategy or policywould entail, what some of the obstacles toimplementation may be, and what the benefits ofthe strategy would be.Choose one:a. Topic 1: Establishing a social and/or localprocurement policy.b. Topic 2: Implementing the doughnut economicsapproach to municipal planning.

This concept can be defined as the development of an economy that benefits all segments of society,…

Imagine you work in the economic development department for a small town or municipality. You have been tasked to write a briefing note to the council on how to adopt CED strategies into their strategic planning. Choose one of the topics below to employ in your note to council. Your note should outlin hot tho ded strate eliqu

Imagine you work in the economic development department for a small town or municipality. You have been tasked to write a briefing note to the council on how to adopt CED strategies into their strategic planning. Choose one of the topics below to employ in your note to council. Your note should outlin hot tho ded strate eliqu

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter17: Production And Growth

Section: Chapter Questions

Problem 3PA

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Question

Economics
Imagine you work in the economic development
department for a small town or municipality. You
have been tasked to write a briefing note to the
council on how to adopt CED strategies into their
strategic planning. Choose one of the topics below
to employ in your note to council. Your note should
outline what the recommended strategy or policy
would entail, what some of the obstacles to
implementation may be, and what the benefits of
the strategy would be.
Choose one:
a. Topic 1: Establishing a social and/or local
procurement policy.
b. Topic 2: Implementing the doughnut economics
approach to municipal planning.

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Step 1: Define inclusive growth

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Step 2: Explain Recommended Strategy

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Step 3: How to Implement this approach

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Step 4: Explain the Obstacles to Implementation:

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Step 5: Explain Advantages of the Strategy

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