Question

What isEconomic abilities ?

Answer 1

Explanation:

Economic power is the ability of countries, businesses, or individuals to improve their standard of living. It increases their freedom to make decisions that benefit themselves alone and reduces the ability of any outside force to reduce their freedom. Purchasing power is a significant component of economic power.

Answer 2

Answer:

Economic power is the ability of countries, businesses, or individuals to improve their standard of living. It increases their freedom to make decisions that benefit themselves alone and reduces the ability of any outside force to reduce their freedom. Purchasing power is a significant component of economic power.

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