Economics World Bank Questions
The concept of economic empowerment refers to the process of enabling individuals, particularly those who are marginalized or disadvantaged, to have control over their economic resources and decision-making. It involves providing opportunities, skills, and resources to individuals to enhance their economic well-being, increase their income, and improve their overall quality of life. Economic empowerment aims to reduce poverty, inequality, and social exclusion by promoting economic independence, entrepreneurship, and access to financial services, education, and employment opportunities.