What is Economic Empowerment

Economic empowerment is the ownership of finances, investments, property, and gaining education ( Dalal, 2011 ). Economic empowerment directly impacts economic development and vice versa (Rao et al., 2014 AU90: The in-text citation "Rao et al., 2014" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. ). Within the context of economic empowerment of women , economic empowerment involves being in a position to make decisions (Mohyuddin et al., 2012 AU91: The in-text citation "Mohyuddin et al., 2012" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. ). When women are economically empowered, they participate in decision-making (Mohyuddin et al., 2012 AU92: The in-text citation "Mohyuddin et al., 2012" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. ; Ballon, 2018 AU93: The in-text citation "Ballon, 2018" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. ). Similarly, when women are empowered, they make leadership, income, time, and resources decisions (Aziz et al., 2021 AU94: The in-text citation "Aziz et al., 2021" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. ).

Defined as being able to take part in process or activities that provide them with an income and stability.

Economic empowerment focuses on the ‘power to’ dimension of power relationships, where ‘power to’ refers to higher access to credit and savings and other economic resources.

Empowerment in the economic sphere refers to the capacity to make and carry out decisions that include the management of and distribution of monetary resources. It has a direct influence on the growth of the economy and vice versa. In other words, economic empowerment can be defined as the process of assisting individuals, primarily women from low-income backgrounds, in obtaining the education, training, and job-related skills they require to support themselves and their families.

Economic empowerment is the ownership of finances, investments, property, and gaining education ( Dalal, 2011 ). Economic empowerment directly impacts economic development and vice versa ( Rao et al., 2014 ). Within the context of economic empowerment of women , economic empowerment involves being in a position to make decisions ( Mohyuddin et al., 2012 ). When women are economically empowered, they participate in decision-making ( Mohyuddin et al., 2012 ; Ballon, 2018 ). Similarly, when women are empowered, they make leadership, income, time, and resources decisions ( Aziz et al., 2021 ).