Community & Economic Development Essay Example | Topics and Well Written Essays - 1000 words

Community & Economic Development - Essay Example For the purpose of understanding the issue, the city of Orlando can be used as a case example. It is of the essence to note that different locations are endowed differently when it comes to the endowment of business opportunities. This is something, which ranges from one location to another. There are a few things, which a person who wants to engage in the business ought to consider. The individual in question ought to ask himself or herself whether it feels right or whether the decision that is made makes sense at all. This is bearing in mind the financial implications, which come into perspective. There are certain things, which make Orlando a good and attractive business spot in the country. For starters, there are several industries, which are located in the city. These are significant pointers of how businesses and the private sector can be influential in the creation of jobs to individuals in the population. The presence of many of these industries in the city makes it possible for people to seek employment and get it in the long run. At the same time, these businesses may come up with incentives, which may serve to attract even more individuals from the local population. In most cases, the incentives in this scenario are always better in comparison to those from the government. As a result, a significant number of individuals in the population will opt to go into the businesses as opposed to seeing employment that is initiated by the government or the local authorities. The role, which the business sector plays when it comes to the city of Orlando, is a fact, which cannot be overlooked. The local authorities have also recognized this and as such, the policies, which they develop in relation to business activities, are those, which are favorable to the individuals who have the desire to engage in business activities. The authorities have also realized that through their partnerships with business entities and