economic independence
Economic independence refers to the ability of an individual or a group to support themselves financially without relying on external assistance. This can involve having a stable income, savings, and the ability to make financial decisions that promote self-sufficiency. Economic independence is often seen as a key factor in achieving personal freedom and security.
For countries, economic independence means having a self-sustaining economy that can produce goods and services without excessive reliance on imports. This can enhance national security and promote growth. Factors contributing to economic independence include education, entrepreneurship, and access to resources.