Definition, Meaning & Synonyms
economically-productive
Adjective
/ˌiːkəˈnɒmɪkli prəˈdʌktɪv/
Definition
Relating to something that contributes significantly to economic output or efficiency.
Examples
- The new manufacturing facility is expected to be economically-productive, creating many jobs in the region.
- Investing in renewable energy is seen as an economically-productive approach to combating climate change.
- By implementing innovative technologies, the company has become more economically-productive in its operations.
Meaning
The term refers to activities, strategies, or entities that effectively generate goods or services, thereby improving the economy’s overall productivity.
Synonyms
- efficient
- profitable
- productive
- lucrative
- value-generating