economic strength
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economic strength
The economic performance and strength of a national economy, a region, or a company. It is often measured using indicators such as gross domestic product (GDP), productivity, or export strength.
Die Wirtschaftskraft des Landes hängt stark von seiner innovativen Industrie ab.
The country's economic strength depends heavily on its innovative industry.
The word is a compound of 'die Wirtschaft' (the economy) and 'die Kraft' (strength). So it literally describes the strength or performance capacity of an economy.
Die Wirtschaftskraft der Region hat in den letzten Jahren stark zugenommen.
The economic strength of the region has increased significantly in recent years.
'Wirtschaftskraft' (economic strength) is a term from technical and written language. It is used mainly in texts about politics, finance, and economics, and less often in everyday colloquial speech.
In der politischen Debatte ging es um die Stärkung der nationalen Wirtschaftskraft.
The political debate was about strengthening national economic strength.
Economic strength is often 'gestärkt' (strengthened), 'gesteigert' (increased), or 'gemessen' (measured). It often refers to a country or a region, e.g. 'die Wirtschaftskraft Deutschlands' (Germany's economic strength).
Neue Technologien sollen die Wirtschaftskraft des Unternehmens steigern.
New technologies are intended to increase the company's economic strength.
performance capacity
'Leistungsfähigkeit' and 'Wirtschaftskraft' are connected when it comes to the strength and performance of companies, regions, or countries. 'Leistungsfähigkeit' is more general and can refer to people, machines, organizations, or systems. 'Wirtschaftskraft' is more specific: it describes economic strength, for example how much a region produces, exports, or earns. You would not normally use 'Wirtschaftskraft' for a person or an individual device. When the topic is the economy and money on a larger scale, 'Wirtschaftskraft' is more precise.
Die Wirtschaftskraft der Region ist durch neue Unternehmen gewachsen.
The region's economic strength has grown thanks to new companies.
Die Leistungsfähigkeit der kleinen Firma hängt stark von ihren erfahrenen Mitarbeitern ab.
The small company's performance capacity depends heavily on its experienced employees.