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Economic security

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1Economic security Empty Economic security on Wed Feb 19, 2020 3:06 am

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Economic security

Diya Abu Maarij Al Daraji
98 2020-02-19

Diya Abu Maarij Al Daraji


Any country can not lead a normal, secure life in the midst of outrageous price rises and economic deterioration, unless there is a guarantee for peoples prosperity and stability and the continuity of their production in the markets to achieve the competencies of the people from various commodities, services and material and material products, which is what the economic security field cares for and seeks.

The concept of economic security is the ability to protect and secure the economic interests of the state, and provide ways for progress and prosperity for the citizen, in addition to his ability to possess the financial means that enable him to lead a stable life he and his family members.

Economic security components

The area of economic security is divided into three main sections.

1- Food and water security:

Of course, it means ensuring the availability of potable water for agriculture and industry, from the institutions and bodies involved in the advancement of that element and work to provide it, we find there are the ministries of Agriculture, Irrigation, Water Resources, Trade and Industry.

2 - Providing job opportunities:

There is no doubt that obtaining a job opportunity is one of the most important endeavors and needs of young people and their requirements, and others who are in different stages of life, as the job is an economic safety valve for family life, spending on its requirements and satisfying its basic and secondary needs.

Job opportunities also contribute to transforming the life path of individuals from poverty, hunger and fear, to wealth, prosperity, sufficiency, reassurance and hope in light of a state of social and economic stability.

Among the ministries and agencies that are mandated to follow up on this are the Ministry of Labor and the public investment and manufacturing bodies, and other civil society organizations and charities that organize employment conferences and qualification campaigns to work and cooperation protocols with giant companies and institutions to include young people for the work team and thus help to get rid of The severity of the unemployment crisis and ensuring a suitable income for all.

3- Exploiting natural resource wealth:

It is a very important element because it is a reason for other elements of economic security, as the water and food component cannot be provided and to ensure its sufficiency without the state's interest in the element of natural resources and its preservation.

Also, the element that provides employment opportunities, we find that it depends a lot on natural resources in many jobs, such as those related to the extraction of oil, natural gas and minerals.

And the exploitation of natural resources. Among the ministries that bear this responsibility are the ministries of oil, tourism, antiquities, agriculture and other public bodies whose activities require dealing with nature and benefiting from its internal and archaeological resources.

Military and security security cannot be achieved without solid economic security. The material need makes the citizen weak and causes a major security imbalance that affects the safety of other citizens and the country's security stability.

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