economic self-determination

Economic self-determination refers to a nation's or community's right to control its own economic resources, policies, and development paths without external interference. It involves making decisions about how resources are used, how wealth is distributed, and what industries are prioritized, based on the preferences and needs of the local population. This concept supports sovereignty and independence in economic affairs, enabling a group to pursue sustainable growth and social well-being aligned with their values and interests, rather than being imposed upon or dictated by outside entities.