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People Centered Economic Development

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Submitted By: tutormentor2 | Added On: 4/3/2007 | Total Views (615) | Total Downloads: (0)

P-CED is an economic development approach that places people at the center of enterprise development. P-CED takes the bottom line one step further: to people, past numbers. Enterprise profitability and economic success cannot be fairly measured in terms of gains of money capital alone. Rather, P-CED holds that the only fair measure is how many people benefit by way of profitability. In short, net profit is redefined in human terms rather than pure quantitative analyses which remove human and social concerns in the name of profit.

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