What Is an Economic War?

Economic war refers to the military actions and economic sanctions taken by a country, region or consortium to achieve certain economic goals and obtain certain economic benefits. It is a continuation of political struggle and an important part of modern warfare.

Economic war

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Economic war refers to the military actions and economic sanctions taken by a country, region or consortium to achieve certain economic goals and obtain certain economic benefits. It is a continuation of political struggle and an important part of modern warfare.

Economic war is divided into narrow and broad sense. In a narrow sense, it refers to the sum of various measures and actions taken by the two parties to destroy, paralyze or directly attack and destroy the military and economic strength of the other party. This economic war usually takes the form of military struggle, so it is also called destruction Sexual economic war. In a broad sense, it includes the use of all means to increase the economic power of its own country and its allies, including the use of tariffs, import quotas, export subsidies, and even foreign aid to strengthen the country's international economic and financial status in peacetime. Economic war in the broad sense usually takes the form of economic struggle, so it is also called constructive economic war. ^[1]