This is the 9556th most frequent Korean word.
경제발전의
"경제발전의" means "of economic development."
In this sentence, "경제발전의 방향" means "the direction of economic development", emphasizing the relationship of the economic development to its proposed direction.
정부는 경제발전의 방향을 제시해야 한다.
The government must propose the direction for economic development.
Here, "경제발전의 필요성" refers to "the necessity of economic development", stressing the importance or demand for advancing the economy.
우리나라는 경제발전의 필요성을 다시 한번 인식하고 있다.
Our country is once again recognizing the necessity of economic development.
The phrase "경제발전의 목표" in this context denotes "the goal of economic development", referring to the intentions or aims tied to improving the economy.