Appropriately Diverse and Healthy Economies
Explanation
Vital economies deploy financial, natural and human resources to create, maintain and improve
local livelihoods. A diverse industry base helps maintain services, businesses and households when the economy
fluctuates. In healthy economies, community residents move toward self-sufficiency and prosperity, local businesses
modernize and find new markets, local ownership of homes and businesses increases, and local people and financial
institutions invest in the community.
Choosing a Community Assessment Indicator
You may wish to consider four separate, but related, aspects of indicators of progress
toward strengthened relationships and communication. These four aspects are:
- reducing poverty
- enhancing business efficiency
- increasing business diversity
- increasing community resident assets
Your community will need to identify one or more specific key indicators related to Outcome
5. The indicators you choose should be relevant to your community. The following pages present some examples of
indicators and measures for you to consider. You may choose to modify these examples or develop entirely new indicators
and measures of greater relevance to your community goals.
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