+A **local economy** encompasses the interwoven system of production, distribution, and consumption of goods and services within a defined geographic area, strengthening a [Community](/wiki/community)'s self-reliance. It prioritizes local resources and enterprises, aiming to keep wealth circulating internally and fostering regional [Sustainability](/wiki/sustainability).
+## See also
+- [Economic Development](/wiki/economic_development)
+- [Small Business](/wiki/small_business)
+- [Global Economy](/wiki/global_economy)
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