Native American Development Corporation in Billings

On July 30-August 1, 2019, the NADC held its 11th annual conference on tribal and individual Indian economic development. I was privileged to be one of the keynote speakers.

Indian country is paying more and more attention to developing private sector economies on reservations. The more jobs and businesses that are located on reservations helps to keep “Indian money” in “Indian country” through what is called the “multiplier effect.” Once a dollar is on a reservation (or in a town, county, or state) the goal is to keep that dollar within your locale as long as possible, multiplying it, as this one dollar moves between consumers, customers, business owners, employees etc. etc.

We can only benefit from the multiplier effect if there are businesses on reservations where reservation residents and visitors can buy necessary and luxury goods and services.

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