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Women’s economic empowerment refers to the ability for women to enjoy their right to control and benefit from the resources, assets, income and their own time, as well as the ability to manage risk and improve their economic status and well being.
Alternatively, it is the process for women to redefine gender roles that allows them to acquire the ability to choose between known alternatives whom have otherwise been restricted from such an ability. There are several principles defining women’s empowerment such as, for one to be empowered, they must come from a position of disempowerment. For example: A stripper no longer has to take off her clothes to get money and now is a receptionist for a respectable company. Empowerment stems from self respect. Furthermore, one must acquire empowerment themselves rather than have it given to them by an external party. Other studies have found that empowerment definitions entail people having the capability to make important decisions in their lives while also being able to act on them. Lastly, empowerment and disempowerment is relative to other at a previous time; therefore, empowerment is a process, not a product.
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