Economic Security

Economic security or financial security is the condition of having stable income or other resources to support a standard of living now and in the foreseeable future. It includes:

  • probable continued solvency
  • predictability of the future cash flow of a person or other economic entity, such as a country
  • employment security or job security

Financial security more often refers to individual and family money management and savings. Economic security tends to include the broader effect of a society's production levels and monetary support for non-working citizens.

Read more about Economic Security:  Components of Individual Economic Security, Economic Security of Countries, Other

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