- adjectiveeconomic (adjective)
- relating to economics or the economy:"the government's economic policy" · "pest species of great economic importance"
- (of a subject) considered in relation to trade, industry, and the creation of wealth:"economic history"
- justified in terms of profitability:"many organizations must become larger if they are to remain economic"
- requiring fewer resources or costing less money:"solar power may provide a more economic solution"
Originlate Middle English: via Old French and Latin from Greek oikonomikos, from oikonomia (see economy). Originally a noun, the word denoted household management or a person skilled in this, hence the early sense of the adjective (late 16th century) ‘relating to household management’. Modern senses date from the early 19th century.Similar and Opposite Wordsadjective- justified in terms of profitability:
- requiring fewer resources or costing less money:
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- Economic is an adjective that means of, relating to, or based on the production, distribution, and consumption of goods and services1234. It can also refer to the science of economics2. Economic is used to describe things that are related to trade, industry, or money3. It is also used to describe the process or system by which goods and services are produced, sold, and bought4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The meaning of ECONOMIC is of, relating to, or based on the production, distribution, and consumption of goods and services.www.merriam-webster.com/dictionary/economicadjective pertaining to the production, distribution, and use of income, wealth, and commodities. of or relating to the science of economics. pertaining to an economy, or system of organization or operation, especially of the process of production.www.dictionary.com/browse/economicMeaning of economic in English economic adjective uk / ˌiː.kəˈnɒm.ɪk / / ˌek.əˈnɒm.ɪk / us / ˌiː.kəˈnɑː.mɪk / / ˌek.əˈnɑː.mɪk / economic adjective (COUNTRY'S ECONOMY) Add to word list B2 [ before noun ] relating to trade, industry, or money:dictionary.cambridge.org/dictionary/english/economiceconomic /ˌɛkə ˈ nɑːmɪk/ adjective Britannica Dictionary definition of ECONOMIC 1 a : relating to an economy : relating to the process or system by which goods and services are produced, sold, and boughtwww.britannica.com/dictionary/economic
WEBThe meaning of ECONOMIC is of, relating to, or based on the production, distribution, and consumption of goods and services. How to use economic in a sentence.
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WEBECONOMIC definition: 1. relating to trade, industry, or money: 2. making a profit, or likely to make a profit: 3…. Learn more.
WEBEconomic definition: pertaining to the production, distribution, and use of income, wealth, and commodities.. See examples of ECONOMIC used in a sentence.
Economics is a social science that studies the production, distribution, and consumption of goods and services.
Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyses what's viewed as basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may i…Wikipedia · Text under CC-BY-SA license- Estimated Reading Time: 9 mins
WEB1. a. : a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services. b. : economic …
WEBThe meaning of ECONOMY is the structure or conditions of economic life in a country, area, or period; also : an economic system. How to use economy in a sentence.
WEBEconomics definition: the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind.. See …
WEBDefinition of economic adjective in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
WEBB1. the way in which trade, industry, or money is organized, or the study of this: Their ideas sound fine in principle, but they haven't worked out the economics behind the …
WEBJun 2, 2016 · (iːkənɒmɪk , ek- ) 1. adjective [usually ADJECTIVE noun] Economic means concerned with the organization of the money, industry, and trade of a country, region, or society. ...Poland's radical economic …
Economy - Wikipedia
WEBv. t. e. An economy [a] is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that …
Economics Defined with Types, Indicators, and Systems
WEBApr 4, 2024 · Economics is a social science that focuses on the production, distribution, and consumption of goods and services. The study of economics is primarily …
Economy: What It Is, Types of Economies, Economic Indicators
WEBMay 16, 2024 · An economy is a system of interrelated production and consumption activities that ultimately determine the allocation of resources within a group. The …
ECONOMIC | definition in the Cambridge English Dictionary
WEB(Definition of economic from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press) economic | Intermediate English. adjective. us / …
What Is Economics? - Econlib
WEBMany people hear the word “economics” and think it is all about money. Economics is not just about money. It is about weighing different choices or alternatives.
Economy - Definition, Meaning & Synonyms | Vocabulary.com
WEBan act of economizing; reduction in cost. “it was a small economy to walk to work every day” synonyms: saving. see more. Pronunciation. US. /iˈkɑnəmi/ UK. /iˈkɒnəmi/ Cite this …
ECONOMY Definition & Meaning | Dictionary.com
WEBeconomy. [ ih- kon - uh -mee ] Phonetic (Standard)IPA. noun. , plural e·con·o·mies. the complex of activities related to the consumption, production, and trade of goods and …
ECONOMICS | English meaning - Cambridge Dictionary
WEBB1. the way in which trade, industry, or money is organized, or the study of this: Their ideas sound fine in principle, but they haven't worked out the economics behind the …
Economics | Definition, History, Examples, Types, & Facts
WEBMay 18, 2024 · Economics, social science that seeks to analyze and describe the production, distribution, and consumption of wealth. Economics was formerly a …
What is economics? - American Economic Association
WEBEconomics can be defined in a few different ways. It’s the study of scarcity, the study of how people use resources and respond to incentives, or the study of decision-making. It …
ECONOMY | definition in the Cambridge English Dictionary
WEBMeaning of economy in English. economy. noun. us / iˈkɑː.nə.mi / uk / iˈkɒn.ə.mi / economy noun (SYSTEM) Add to word list. B2 [ C ] the system of trade and industry by …
1.1 What Is Economics, and Why Is It Important? - OpenStax
WEBEconomics is not primarily a collection of facts to memorize, although there are plenty of important concepts to learn. Instead, think of economics as a collection of questions to …
Donald Trump is found guilty in hush money case : NPR
WEB3 days ago · On Thursday, 12 New York jurors said they unanimously agreed that Trump falsified business records to conceal a $130,000 hush money payment to adult-film star …
ECONOMY | English meaning - Cambridge Dictionary
WEBMeaning of economy in English. economy. noun. uk / iˈkɒn.ə.mi / us / iˈkɑː.nə.mi / economy noun (SYSTEM) Add to word list. B2 [ C ] the system of trade and industry by …