economic independence
Economic independence refers to the ability of individuals, households, or nations to sustain themselves financially without relying heavily on external financial assistance or support. It entails having sufficient income, resources, and opportunities to meet one's own needs, invest in desired ventures, and make independent financial decisions.
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Related Concepts (1)
Similar Concepts
- economic advancement
- economic competitiveness
- economic freedom
- economic imperialism
- economic individualism
- economic sovereignty
- economic stability
- energy independence
- energy sovereignty
- financial independence
- independence
- independence movements
- national independence
- political autonomy
- self-sufficiency