economic power

Wealth-based political leverage

Economic power is the ability to influence others through control of resources, markets, or financial systems.

A nation with economic power can shape trade agreements, impose sanctions, or attract investment.

Companies wield economic power over suppliers and competitors.

China's economic power has grown dramatically.

The term often implies leverage—the capacity to reward cooperation or punish resistance through economic means rather than military force.

Related

hegemony · sanctions · income · exports · central banks · fiscal policy · leverage · financial leverage · foreign aid · dollar diplomacy · tariffs · petrostates · imports · trade agreements · free trade · multinational corporations · market share · supply chains

Categories
Opposites
economic capacity

economic powerpoverty

Severe lack of resources

economic dependence · economic collapse · destitution · insolvency · bankruptcy

type of power

economic powermilitary power

A nation's combat capability

hard power · armed force · political power · soft power · cultural influence

agency and control

economic powereconomic dependence

Requiring another's fiscal support

debt bondage · economic exploitation · resource curse

Family

power, economic

Familiarity
Top 50,000
Profile
Used worldwide · Timeless · Abstract · Everyday, not technical · Rated G