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LSDefine

Simple English definitions for legal terms

economic coercion

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A quick definition of economic coercion:

Economic coercion is when someone uses their power or control over money or resources to force someone else to do what they want. This is not okay because it takes away the other person's freedom to make their own choices. It is like when a bully takes someone's lunch money and makes them do things they don't want to do. This is not fair or right.

A more thorough explanation:

Definition: Economic coercion is the improper use of economic power to force someone to do something they don't want to do.

For example, if a big company threatens to fire an employee if they don't work overtime without pay, that is economic coercion. The employee may feel like they have no choice but to work the extra hours because they need the job to pay their bills.

Another example of economic coercion is when a landlord raises the rent on a tenant who complains about the condition of their apartment. The tenant may feel like they have to pay the higher rent because they can't afford to move to a new place.

Economic coercion is wrong because it takes advantage of someone's financial situation to make them do something they don't want to do. It can be difficult for people to stand up to economic coercion because they may feel like they have no other options.

econometrics | economic crime

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