Local Economic Development (LED) refers to efforts aimed at improving the economic well-being and quality of life in a specific area, such as a city or community. This process often involves collaboration between local governments, businesses, and community organizations to create jobs, attract investment, and enhance public services. LED initiatives can include supporting small businesses, developing infrastructure, and promoting tourism. By focusing on the unique strengths and resources of a community, LED aims to foster sustainable growth and empower residents to participate in their local economy.