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economic security

 

Definitions from the Web

Economic Security

Definition

Economic security refers to the condition of having a stable and reliable financial situation, characterized by the ability to meet one's basic needs and withstand potential financial risks.

Parts of Speech

Noun: economic security

Senses

Sense 1:

The state of having a sufficient income or resources to support oneself and one's family without experiencing financial hardships.

Example sentence: He pursued higher education to increase his chances of achieving economic security.

Sense 2:

The measures taken by individuals, governments, or organizations to protect against economic risks, such as unemployment, poverty, or market fluctuations.

Example sentence: The government introduced various policies to enhance economic security for its citizens.

Usages

Popular Usage:

Economic security is a fundamental concern for individuals, families, and societies alike, as it provides a sense of stability and peace of mind.

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Local Usage:

In the local community, economic security is often a topic of discussion during times of economic uncertainty or when facing unemployment challenges.

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