Economic sanctions are domestic penalties applied by one country (or group of countries) on another country. Economic sanctions may include various forms of trade barriers and restrictions on financial transactions. Economic sanctions are not necessarily imposed because of economic circumstances. They may also be imposed for a variety of political and social issues. Economic sanctions can call for democratic reform or a regime/leadership change to address human rights violations.
Read more about Economic Sanctions: Trade Sanctions
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“The idealist’s programme of political or economic reform may be impracticable, absurd, demonstrably ridiculous; but it can never be successfully opposed merely by pointing out that this is the case. A negative opposition cannot be wholly effectual: there must be a competing idealism; something must be offered that is not only less objectionable but more desirable.”
—Charles Horton Cooley (1864–1929)