Please summarize this article in 250-300
words.
The economy has changed, and with these changes our communities
must adapt themselves to some new realities.
Traditionally, economic development, rooted in the post-World
War II era, attempted to build our export base by subsidizing firms
to locate manufacturing employment in our communities. This was
fueled by cheap inputs—land and labor, national-scale competition,
and low-skilled workers. Recruitment of industry received the most
resources based on the potential to have significant impacts on the...