Documents/ARC/1: Jobs and Income/1.2: Economic Diversity

1.2: Economic Diversity

Diversify the Economic Base

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For Appalachia to compete in the global economy, the Region must expand efforts to diversify its economic base to provide new employment opportunities. Prosperity and stability for Appalachian communities will depend on their ability to find new business and economic opportunities that can build on the Region's strengths while diversifying its base. Selected Strategies: Encourage the establishment and development of workforce training programs, entrepreneurial development, and export creation, and the promotion of technological advances and technology-related businesses and services. Expand efforts to modernize and strengthen existing businesses. Develop new businesses that can expand the economic foundation of the Region. Raise awareness about economic development tools communities can use to strengthen and diversify their economic base.

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