Economic development is a broader term, and is often defined based on what a country is trying to accomplish, and not by what is has achieved. A country’s economic development is generally the focus of local governments to improve standard of living through the creation of jobs, the support of innovation and new ideas, creation of higher wealth for all and striving towards overall better quality of life. Objectives include new schools, public safety enhancement, incentivizing new businesses to open locations in a community, infrastructure programs (roads and facilities) and small business development programs to promote job creation.