Definition
Economic security is the ability to meet basic needs and withstand financial shocks.
Why It Matters
It promotes stability and well-being.
Example
Having savings to cover emergencies.
Malone Global University
Malone Global University
Economics Glossary – Malone Global University
Economic security is the ability to meet basic needs and withstand financial shocks.
It promotes stability and well-being.
Having savings to cover emergencies.