This is the 4054th most frequent German word.
wirtschaftsstandort
"Wirtschaftsstandort" means "economic location" or "business site," referring to a place's suitability for economic activities or businesses.
Here, 'Wirtschaftsstandort' refers to Germany as a place heavily involved in economic activities within Europe.
Deutschland ist ein starker Wirtschaftsstandort in Europa.
Germany is a strong economic location in Europe.
In this sentence, 'Wirtschaftsstandort' refers to a country as an economic locale being supported by governmental projects.
Die Regierung investiert in den Wirtschaftsstandort durch Infrastrukturprojekte.
The government invests in the economic location through infrastructure projects.
This use of 'Wirtschaftsstandort' highlights its appeal to international corporations due to strategic qualities like stability.