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Wirtschaftsförderung

/ˈvɪʁtʃaftsfœʁdʁʊŋ/
noun★Intermediate
💼Business
formal

The promotion and support of economic growth and development, often through government policies, subsidies, or incentives.

Die Wirtschaftsförderung zielt darauf ab, neue Unternehmen anzuziehen.

Economic development aims to attract new businesses.

💡

Often involves tax incentives, grants, or infrastructure improvements to stimulate local economies.

Collocations

Wirtschaftsförderung fördernto promote economic developmentWirtschaftsförderungspolitikeconomic development policy

Synonyms

Antonyms

Related Phrases

Wirtschaftsförderungspolitikphrase
economic development policy

💡Pro Tip

Context Matters

This term is often used in formal contexts, such as government reports or economic discussions.

⚡Gold Rule

Capitalization

Always capitalize 'Wirtschaftsförderung' as it is a German noun.

📖Word Origin

From 'Wirtschaft' (economy) + 'Förderung' (promotion/support).

📝Usage Notes

Commonly used in political and economic contexts to describe government efforts to boost local or national economies.

Word Breakdown

Wirtschaft
economy
root
+
Förderung
promotion/support
root
Deutsch-Englisch Wörterbuch

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