Definition, Meaning & Synonyms

economic-consequences

Noun

/ˌɛkəˈnɒmɪk ˈkɒnsɪkwənsɪz/

Definition

The effects or outcomes that are related to economic activities or decisions.

Examples

The economic consequences of the new trade policy were felt throughout the industry.
Natural disasters often lead to severe economic consequences for affected regions.

Meaning

Economic consequences refer to the financial impacts resulting from actions, policies, or events, affecting individuals, businesses, or entire economies.