Definition, Meaning & Synonyms
stable-economy
noun
/ˈsteɪ.bəl ɪˈkɒn.ə.mi/
Definition
A stable economy is one where there are minimal fluctuations in growth, unemployment, and inflation, leading to consistent financial conditions over time.
Examples
- The country has maintained a stable economy for several decades, attracting foreign investments.
- During times of global uncertainty, a stable economy can provide a sense of security for its citizens.
- Policymakers aim to implement measures that will ensure a stable economy.
Meaning
A stable economy refers to an economic state characterized by steady growth, low unemployment, and predictable inflation rates, which contribute to the overall health and stability of a nation’s financial system.
Synonyms
- steady economy
- balanced economy
- secure economy
- resilient economy
