1. Economic power decides the distribution of resources and wealth within a society. Wealthier individuals or countries tend to have greater access to resources and have more control over how they are distributed.
2. Economic power determines the ability to influence and shape political decisions and policies. Those who have greater economic power often have more influence in decision-making processes, including lobbying for policies that benefit their interests.
3. Economic power can also determine the standard of living and quality of life for individuals. Higher levels of economic power are often correlated with higher standards of living, including access to better healthcare, education, and infrastructure.
7. Name at least 3 things that economic power decides? -
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