Economic Empowerment
/ˌiːkəˈnɒmɪk ɪmˈpaʊərmənt/
Definitions
- (n.) The process or state by which individuals or groups gain the ability to participate fully in economic life, often through access to financial resources, rights, and opportunities.
Legal frameworks promoting economic empowerment enable marginalized communities to start businesses and access credit.
Forms
- economic empowerment
Related terms
See also
Commentary
Economic empowerment in legal contexts emphasizes access to economic rights and removing systemic barriers rather than mere economic growth.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.