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Explore key elements of economic development, define a region, and analyze demographic features in this session overview. Review economic plans, categorize activities using the C.A.R.E. model, and identify approaches to defining a region. Examine how your region can compete at different levels and explore major demographic characteristics. Utilize data analysis options to better understand your region's dynamics and plan for economic growth. Reflect on key takeaways and prepare for the next SET meeting.
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Profiling Your Region Module Two
Session Overview • Review key elements of SET • Define economic development; examine your related activities • Examine approaches to defining a region • Explore regional demographic features
Purpose of SET Help rural communities/counties to work together as a regional team in developing and implementing an economic development blueprint that builds on the current and emerging economic strengths of their region
Elements of Economic Development GOAL: An improved quality of life for people in the region Source:Barta, et al., 2010
Group Activity • Review economic development plans of counties/cities in your region • Categorize activities using the C.A.R.E. model • Identify common activities, major differences • Examine the balance between activities in each component of the C.A.R.E. model
What is a Region? • Geographical area of similar characteristics: • Similar within • Different from other places • Area with unique identity and meaning
Regions Can be Defined Using Different Lenses Political Ecological Administrative Policy or Data Relevant Economic Geographic
SET Focuses on Economic Regions • SET begins with a group of geographically linked counties that want to work and think regionally. • SET’s main focus is linking counties that are economically linkedthrough economic clusters.
County Plans:Any Regional Possibilities? • Any focused on regional economic development activities? Which ones? • Can the region compete at the multi-state, national, and/or international levels?
Major Demographic Characteristics For more data, go to: http://quickfacts.census.gov/qfd/index.html
Major Demographic Characteristics For more data, go to: http://quickfacts.census.gov/qfd/index.html
Data Analysis Options • Cross-sectional– look at data at one point in time • Comparative – examine data in your county relative to other counties • Longitudinal – focus on changes in the data over time
What to Look for • Conditions the data describe • Direction of change • Intensity of change • Comparison of counties in the region • Overall picture the data paint
Final Reflections • Key takeaways from this module? • Most helpful information? Least helpful? • Homework to be completed prior to the next SET meeting? • Additional participants needed for next SET session? Who will contact? • Other items?