economic strength
Loading your saved state.
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.
purchasing power
Both words describe economic strength, but at different levels. „Kaufkraft“ shows how many goods and services people can buy with their money, while „Wirtschaftskraft“ refers to the economic capacity of a region, country, or company. „Kaufkraft“ is appropriate for prices and incomes, while „Wirtschaftskraft“ is more suitable for overall economic performance.
Die Wirtschaftskraft der Region beruht vor allem auf ihren vielen Unternehmen.
The region’s economic strength is based mainly on its many companies.
Durch die hohen Preise ist die Kaufkraft der Menschen in der Region gesunken.
People’s purchasing power in the region has fallen because of the high prices.
