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Wealth Distribution, Fixing Healthcare, and UBI
"Econ 102" with Noah Smith and Erik Torenberg
Establishing an Anchor Industry and Specialized Vocational Training
Focusing on establishing a small anchor industry in a town can be a key strategy for economic development. By creating a specialized vocational training program for local people to work in that industry, the town can attract businesses and create opportunities for its residents. Incentives and support from foundations can be crucial in encouraging industries to relocate to the area. The combination of a tentpole industry and vocational training can enhance the town's economic prospects by producing goods or services that can be marketed globally.
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