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TeachMeFinance.com - explain economic action economic action 'economic action' is an military term meaning '(DOD) The planned use of economic measures designed to influence the policies or actions of another state, e.g., to impair the war-making potential of a hostile power or to generate economic stability within a friendly power'. Previous 5 Terms: echelon echelon echelon_ echelon _ echeloned displacement- Next 5 Terms: economic potential effect effect_ effect _ effective US controlled ships- Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.