In this chapter:
I. "Place-based economy" means a tailored economic development response that uses a region's unique characteristics to create and sustain growth. The goal is to improve the quality of life and economic vitality by building on its limited strengths and assets.
II. "Distressed" means an area that has a high rate of poverty, unemployment, or outmigration and is the most severely and persistently economically distressed and underdeveloped.