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