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economic

economic

∞ 3.7
About money, trade, jobs, and how a country or business uses resources
  • adjective
  • /ˌiːkəˈnɑːmɪk/
: económico
  • Many families are struggling due to the recent economic downturn that has affected their incomes.
  • economic growth
  • economic development
  • political and economic

So we can start by thinking in economic or social terms.

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Examples

  • Any successful organization or movement needs to adapt to social, political, economic, and technological developments.

    Academic text (2017)
  • Students will develop an understanding of the cultural, social, economic, and political effects of technology.

    Academic text (2012)
  • So we can start by thinking in economic or social terms.

  • Do you have any larger economic concerns about this, though?

  • But then in the US, we focused on the economic impact of climate.

  • We are living in a time of global economic transition.

  • Oil is really almost the only economic game in Iraq these days.

  • A future of economic growth, freedom, and happiness.

  • It's not about economic chaos or political uncertainty.

  • Indeed, these measures helped in addressing the social and economic issues plaguing the country.

    Academic text (2017)

Synonyms

financial
vseconomic
∞ 3.2

About money, banks, and how people manage it

covers money and resource use generally beyond banking and investments
economical
vseconomic
1 3.7

About a country's economy, especially its production and money

focuses on money use and resource allocation rather than whole production systems

Compounds

176 2.9

An increase in the goods and services a country makes over time

A period when a country's economy becomes very weak and many people lose jobs

A process in which a region or country becomes richer and people live better

A government's plan for taxes, public spending, and job growth

The way a country organizes how it makes, shares, and uses goods and services

The state of jobs, prices, and business activity in a country at a particular time

A group of government economists who help the President of the United States make decisions about the economy

economic theory
  • Specialized
11 4.7

A set of ideas that explain how goods, services, and money move in an economy

10 3.2

People give money to help a country, organization, or person improve their economy

A difference in how money and goods are shared between people or groups

economic value
  • Specialized
5 3.3

The amount of money something is worth when it is bought or sold

Money and resources given to help people and countries with their economy

A prediction of how the economy will be in the near future

A plan of actions to manage and improve a country's or company's economy

A person who studies and gives advice about how a country's money and businesses work

Basic systems like roads, ports, power, and water that a country needs for its economy

An organization of European countries set up in 1957 that later became the European Union

A group of people with similar income, job and education levels

A United Nations body that coordinates economic and social programs

A set of actions that make, move, and sell goods and services in a country

The study of how people and countries make, share, and use goods and services

economic geography
  • Specialized
1 4.9

The study of where people make, move, and use goods and services

A group set up by the UN Economic and Social Council to study and advise on economic or social issues

A person who wants people to have as much economic freedom as possible and little government control

Organizing a country's money, factories, and workers for war or national emergency

economic rent
  • Specialized
8.2

Extra money earned from land or another resource above what is needed to keep using it

Cutting off trade and money to a country to hurt its economy

economic consumption
  • Specialized
5.7

The use of goods and services to meet needs or make other goods

A United Nations group that helps African countries develop their economies

A UN group that helps Asian and Far Eastern countries develop their economies

An organization in the United Nations that helps European countries work together on economic matters

A United Nations group that helps Latin American countries grow their economies

A study of things from the earth that people use, like minerals, ores, and fuels

An indicator that shows how well a country's economy is doing

A plan for how countries work together to manage money and trade

How Financial

financial
∞ 3.2
chrematistic
  • Formal
9.9
economic
∞ 3.7
commercial
491 3.4
nonfinancial
1 4.6

Surface Forms

economic positive

Morphology

economic = economy (transparent) = econom + ic

Meaning 'relating to the economy' is directly derived from 'economy' + the adjectival suffix '-ic', so the connection is clear to learners.

Etymology

Economic comes from the Greek words oikos ('house') and nomos ('manage'), because the idea began with managing a household's money and goods. So, economic today often means things that relate to the economy, money, or the use of resources.