commercial power JUST WRITTEN FOR YOU
/kəmˈɛrʃəl ˈpaʊər/ · com.mer.cial.pow.er
noun
- The ability or capacity of a business or organization to influence or control markets, industries, or economies. The commercial power of multinational corporations has led to increased competition and innovation in various sectors.
noun
- The economic or financial strength of a country or region, particularly in terms of its ability to produce and export goods or services. The commercial power of the United States has enabled it to maintain a strong economy and influence global trade policies.
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Did you know? The concept of commercial power has become increasingly important in the modern era, as global trade and commerce continue to shape the world's economies and societies.