economic mobilization
- noun
- /ˌiːkəˈnɑːmɪk ˌmoʊbɪlaɪˈzeɪʃən/
- Formal
:
movilización económica
- In response to the national emergency, the country initiated economic mobilization to allocate resources effectively and maximize production.
Examples
-
The official study of the Army and economic mobilization commented: "While there are some who would object to this general level of retained profits as too high, it would appear to have been appropriate to the restoration of a vigorous and dynamic industrial economy after a decade of depression and stagnation."
Academic text (1990) -
In general, the interests of large, established corporations prevailed in the economic mobilization carried out by the executives at the War and Navy Departments, WPB, RFC, and OWM.
Academic text (1990) -
One result was that economic mobilization for war in Britain meant more permanent state centralization, whereas in the U.S. case, the centralization of wartime production was run through temporary state agencies staffed almost entirely by business leaders.
Academic text (1990) -
WPB executives wrote many of the regulations within which ASF and other military procurement of goods and services took place; the WPB also maintained broad policy-level controls over and statistical reporting on economic mobilization.
Academic text (1990) -
The government's plan for economic mobilization aimed to ensure that all resources were directed efficiently to support the national defense during the crisis.
-
During World War II, economic mobilization transformed the American workforce as factories shifted from consumer goods to war materials.
Antonyms
How Mobilized
Surface Forms
Morphology
The phrase is directly compositional: 'economic' (= relating to the economy) modifies 'mobilization' (= organizing resources), so the meaning is simply the mobilization of economic resources. This modifier+noun pattern is common and cross-linguistically transparent, so a B1 learner who knows both words would readily infer the basic meaning (even if they might not know the typical wartime/emergency nuance).
Etymology
Economic mobilization comes from the simple image of a country making its economic parts, like money, factories and workers, start moving to meet one need. So, mobilization means 'getting ready' or 'moving into action', and the whole phrase means organizing and directing the country's resources for a war or a 'national emergency'.