economic strength
noun phraseUK /ˌiːkəˈnɒmɪk streŋθ/
US /ˌiːkəˈnɑːmɪk streŋθ/
How strong and healthy a place's money and jobs are.
The country's economic strength grew after new factories opened.
OTHER MEANINGS
2. The ability of a business to earn money and stay stable.
Investors looked at the company's economic strength before buying shares.
3. A measure of how well a region can support its people.
Good schools and roads add to a city's economic strength.
4. The power of a currency or market in global trade.
The nation's economic strength made its money valuable abroad.