CED stands for Community Economic Development, which focuses on improving the economic well-being of a community. It involves strategies that empower local residents to create jobs, enhance skills, and increase access to resources. The goal is to foster sustainable growth and improve the quality of life for all community members. CED initiatives often include collaboration among various stakeholders, such as local governments, businesses, and non-profit organizations. These partnerships aim to identify community needs and develop tailored solutions. By promoting local entrepreneurship and investment, CED helps build resilient economies that can adapt to changing circumstances.