Definition, Meaning & Synonyms
economic
Adjective
/ˌiː.kəˈnɒm.ɪk/
Definition
Relating to the production, consumption, and transfer of wealth.
Examples
- The economic growth of the country is impressive this year.
- She took an economic approach to budgeting her expenses.
- Many factors influence economic stability in a region.
Meaning
The term ‘economic’ pertains to matters that involve finance, resources, and the overall economic system of a country or region.
Synonyms
- financial
- commercial
- monetary
- budgetary
