economic conflict

Meanings

• Noun

  A state of dispute or competition between two or more nations, groups, or individuals, typically over commercial or financial matters.

  - "The economic conflict between China and the US over trade policies has been ongoing for several years."
  - "The economic conflict between labor and management led to a strike."
  - "The economic conflict between two business rivals resulted in a price war."

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Rhymes

Words rhyming with economic conflict
conflict , support , contract , deficit

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Variants

List of all variants of economic conflict that leads to same result
economic rent , economic rents

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Etymology

origin and the way in which meanings have changed throughout history.

The term 'economic conflict' is derived from the words 'economy' and 'conflict'. An economy is a system of production, distribution, and consumption of goods and services, while 'conflict' refers to a clash or disagreement.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The term 'economic conflict' first gained widespread use during the late 19th and early 20th centuries, as industrialization and globalization led to increased competition and disputes between nations.

2. The economic conflict between China and the US over trade policies is estimated to have cost both countries billions of dollars in lost revenue and increased tensions between the two nations.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Economic sanctions: A country or international organization imposes economic sanctions on another country as a means of putting political or economic pressure on it.

2. Economic warfare: The use of economic measures as a means of coercion or harm against an adversary.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

The concept of economic conflict has been explored extensively in literature, particularly in works dealing with economic and political themes. For example, in George Orwell's 'Animal Farm', the pigs engage in an economic conflict with the other animals over the distribution of resources.

How to Memorize "economic conflict"

1. visualize
   

   - Imagine two countries or groups engaged in a dispute over economic matters, such as trade policies or resources.

2. associate
   

   - Associate the term 'economic conflict' with words like 'dispute', 'competition', and 'clash'.

3. mnemonics
   

   - Use the mnemonic 'Economic C' to remember the meaning of 'economic conflict': Economic C = Competition, Clash, or Conflict.

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