This is the 166th most frequent Serbian word.
развој
Development.
The word 'развој' is used in its general meaning to refer to the process of development or improvement of a specific field, in this case, 'технологије' (technology).
Развој технологије се убрзава сваке године.
The development of technology accelerates each year.
Here, 'развој' refers to the improvement or growth of personal skills or character, in this case referring explicitly to 'лични' (personal).
Разговори су веома важни за лични развој.
Conversations are very important for personal development.
In this sentence, 'развој' is used to describe the progress or planning of geographical or physical expansion, as related to the city's 'пространственог' (spatial) attributes.