🇰🇷Korean Source WordCode: KO

경제

Native Script:한국어 한글

Pronunciation / Transliteration: gyeong-je

🇬🇧 Direct English Meaning:
Economy/ɪˈkɒn.ə.mi/
nounCEFR B2 (Upper)Top #500 frequency
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🇰🇷 Example Sentence in Korean:

"정부는 경제 회복을 위해 노력하고 있다."

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    The state of a country or region in terms of the production and consumption of goods and services and the supply of money.

    "The government implemented new policies to stimulate the national economy."
  2. 2

    Careful management of available resources, especially money, time, or materials, so as to minimize waste.

    "Switching to LED lights results in a significant economy of electricity."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The word 'economy' originates from the Greek word 'oikonomia', which means 'household management'. It evolved through Latin and Old French before entering Middle English in the late 14th century, reflecting the management of resources and wealth.

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