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economic condition

economic condition

20 3.7
The state of jobs, prices, and business activity in a country at a particular time
  • noun
  • /ˌiːkəˈnɑːmɪk kənˈdɪʃən/
translation icon : situación económica
  • Many citizens are struggling due to the poor economic condition in the country.
  • social and economic conditions
  • economic conditions have deteriorated
  • changing economic conditions

And if you survive this, you're going to thrive in normal economic conditions.

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Examples

  • Minimum wage laws have long been advanced as policy mechanisms to improve the economic conditions of the working poor.

    Academic text (2011)
  • And so when we're talking about human nature, it's important to look at the economic conditions in which we existed.

    Academic text (2011)
  • The truth is that the working families of this country today are probably in worse economic condition than in any time since the Great Depression.

  • As in the United States, economic conditions are the root of the problem.

    Academic text (2012)
  • But it is also due to the economic conditions surrounding the solid waste field in general.

    Academic text (1999)
  • Poverty and poor economic conditions were other factors mentioned in accounts of religious conversion.

    Academic text (1991)
  • The United States also agreed to facilitate private investment in areas where economic conditions are favorable.

    Academic text (1992)
  • Emigration had a number of effects on the economic conditions of those who remained in Italy.

    Academic text (1992)
  • In other cases, work schedules were tightly coupled with economic conditions.

    Academic text (2008)
  • The new regime may prove unable to alleviate the immediate economic conditions fueling civil unrest.

    Academic text (2012)

Synonyms

economy
vseconomic condition
2.6

The system a country uses to make, sell, and buy goods and services

describes the current state at a particular time via growth, employment, and inflation

How Healthy

boom
214 2.8
stability
363 3.1
economic condition
20 3.7
downturn
69 4.4
recession
  • Specialized
858 4.6
depression
  • Specialized
39 4.0

Surface Forms

Morphology

economic + condition

The phrase is a straightforward adjective + noun composition: 'economic' (relating to the economy) modifies 'condition' (the state of something), so a learner who knows both words can infer it refers to the state of the economy. This is a regular, cross‑linguistically common compositional pattern in English, making the meaning immediately accessible to a B1 learner.

Etymology

Economic condition comes from the idea of treating an economy like a person's health: economic means money and jobs and condition means how well something is. People check growth, jobs and prices as signs of the economy's health, so the phrase means the current 'state' of the economy.