Economic security
Socioeconomic and personal finance concept / From Wikipedia, the free encyclopedia
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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
Without such security, people may experience its opposite: economic insecurity and resulting economic anxiety.
Financial security more often refers to individual and family money management and savings.[1][2] Economic security tends to include the broader effect of a society's production levels and monetary support for non-working citizens.