what do you mean by economic security?
Answers
Answer:
The ICRC defines economic security as the ability of individuals, households or communities to cover their essential needs sustainably and with dignity. This can vary according to an individual's physical needs, the environment and prevailing cultural standards.
Explanation:
Answer:
The ICRC defines economic security as the ability of individuals, households or communities to cover their essential needs sustainably and with dignity. This can vary according to an individual's physical needs, the environment and prevailing cultural standards.
Economic security strengthens tolerance and happiness as well as growth and development. A new study by the International Labour Office (ILO) highlights that people's economic security promotes personal well being, happiness and tolerance, while benefiting growth and development.