Definition, Meaning & Synonyms
economic-powerhouse
noun
/ɪˌkɒnəˈmɪk ˈpaʊəhaʊs/
Definition
A region, nation, or entity that has a significant and robust economic influence or capacity.
Examples
- China is often considered an economic powerhouse due to its vast manufacturing sector.
- Silicon Valley has become an economic powerhouse for technology startups.
- Germany is recognized as an economic powerhouse within the European Union.
Meaning
Economic powerhouse refers to a place or organization that contributes effectively to the economy, often characterized by strong financial or industrial activities.
Synonyms
- Economic giant
- Financial leader
- Industrial hub