Economic stability refers to a condition in which a country's economy experiences steady growth, low inflation, and low unemployment. This means that people can find jobs easily, prices for goods and services remain relatively constant, and businesses can plan for the future without worrying about sudden changes. When an economy is stable, it creates a sense of security for individuals and businesses alike, encouraging investment and spending. A stable economy benefits everyone, from families to large corporations. For instance, when governments maintain economic stability, it helps to build trust among consumers and investors. This trust leads to increased economic activity, which can further enhance stability, creating a positive cycle that supports overall prosperity in society.