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gain:

. . . to accumulate; an increase; something attained, for example, an economic gain.

To profit is to gain. It should be noted that here profit means something more than monetary gain. For example, a nonprofit organization that provides a community service. Such an organization is suppose to profits from contributions only to the extent that it increases its outreach. It can be said that locations seeking enterprise and economic development profit when local businesses expand their operations and create jobs. Likewise, companies on the move, gain when they are able to hire qualified employees with from a local labor pool of job seekers with an acceptable work ethic.

The Free Dictionary.com has more to add to this definition of gain.



 
 
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economic gain:

Economic gain is a benefit, advantage, accumulation or profit projected or realized by a business or other enterprising endeavor. In a broader sense, the expression pertains to beneficial progress, advantageous change or upturn in an economic system as it is studied, monitored, or manipulated from the standpoint of either quantifiable and non-quantifiable determinants or both. Measurable factors typically focus on commercial activity and monetary gain involving the production, distribution, and consumption of goods and services. Quantifiable factors can also include measuring, for example, jobs creation.

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Economic Development Services, Inc. / copyrights and all rights reserved / 12/05/13