The phrase "economic boon" means a positive and beneficial increase in economic growth, prosperity, or development.
Sentences with «economic boon»
But on the other hand, we here have to balance that fact against a compelling development argument: agriculture of high - margin organic produce is a potential economic boon for many people in developing countries — which also can diversify their economies and to do so in a (locally) green way. (dotearth.blogs.nytimes.com)
The controversial natural gas extraction process had been considered a potential economic boon for upstate New York, especially the jobs - starved Southern Tier. (nystateofpolitics.com)
On that same note, however, they can lead to economic boons in some areas. (gokinfo.com)