Economic pressure is the strain or burden placed on an economy due to various factors, such as scarcity of resources, unemployment rates, inflation, debt levels, or demographic changes.
Related terms
Inflation: This term refers to the general increase in prices over time. It reduces the purchasing power of money and can create economic instability.
Unemployment Rate: This term measures the percentage of people in the labor force who are without jobs but actively seeking employment. High unemployment rates can indicate economic pressure.
Debt Burden: This term describes the amount of money owed by individuals, businesses, or governments. A high level of debt can create economic strain and limit growth opportunities.