World Languages Lexicon
10 Language-to-English DictionariesEconomic System
/ˌiː.kəˈnɒm.ɪk ˈsɪs.təm/Comprehensive Definitions & Senses
2 senses- 1
A structured system of production, distribution, and consumption of goods and services within a society.
"The capitalist economic system encourages private ownership and free markets." - 2
The specific arrangement of economic activities and institutions that shape the economic interactions in a society.
"Different countries operate under various economic systems, such as socialism or communism."
Thesaurus & Semantic Spectrum
Linguistic Origin & Historical Etymology
The term 'economic' derives from the Greek word 'oikonomikos', meaning 'related to household management', while 'system' comes from the Latin 'systema', meaning 'a whole made up of parts'. The combination reflects the organized structure of economic activities within a society.
Which of the following is the closest synonym for "Economic System"?
10 Global Lexicons: How "Economic System" is said worldwide
Click any language below to open its dedicated Language to English dictionary page with native script & transliteration
système économique
Transliteration: système économique
"Le système économique français est diversifié."
Wirtschaftssystem
Transliteration: Virtschaftssystem
"Das deutsche Wirtschaftssystem ist stark reguliert."
sistema economico
Transliteration: sistema economico
"Il sistema economico italiano è in fase di cambiamento."
sistema económico
Transliteration: sistema económico
"El sistema económico de España se basa en el libre mercado."
sistema econômico
Transliteration: sistema econômico
"O sistema econômico brasileiro enfrenta desafios."
आर्थिक प्रणाली
Transliteration: aarthik pranali
"भारत की आर्थिक प्रणाली विविध है।"
经济系统
Transliteration: jīngjì xìtǒng
"中国的经济系统正在快速发展。"
경제 시스템
Transliteration: gyeongje siseutem
"한국의 경제 시스템은 매우 복잡하다."
経済システム
Transliteration: keizai shisutemu
"日本の経済システムは独特です。"
Related Vocabulary Words to Explore
View all English termsThe part of the economy that is regulated by the government and includes all legal economic activities.
In a way that alternates between periods of activity and inactivity.
The group of components in a motor vehicle that transmits power from the engine to the wheels.
Explore Nuanced Synonyms for "Economic System"
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