economic strength JUST WRITTEN FOR YOU
/ɪ.kən.ɒm.ɪk streŋθ/ · e.co.nom.ic.strength
noun
- The ability of a country, organization, or individual to produce and sell goods and services effectively, often measured by indicators such as GDP, trade balance, and foreign exchange reserves. The economic strength of the country helped it weather the global financial crisis.
noun
- A country's or organization's capacity to withstand economic shocks, such as recessions or trade wars, without significant damage to its economy or financial stability. The economic strength of the region allowed it to recover quickly from the pandemic.
Synonyms
economic powerfinancial stabilityindustrial mightcommercial prowesseconomic resiliencefinancial robustnesseconomic resilience
Antonyms
Did you know? The concept of economic strength has been a key factor in the rise and fall of empires throughout history, with powerful economies often leading to military and cultural dominance.