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economic

ec·o·nom·ic
E e

Transcription

    • US Pronunciation
    • US IPA
    • UK Pronunciation
    • UK IPA
    • [ek-uh-nom-ik, ee-kuh-]
    • /ˌɛk əˈnɒm ɪk, ˌi kə-/
    • /ˌiːkəˈnɒmɪk/
    • US Pronunciation
    • US IPA
    • [ek-uh-nom-ik, ee-kuh-]
    • /ˌɛk əˈnɒm ɪk, ˌi kə-/

Definitions of economic word

  • adjective economic of or relating to the science of economics. 1
  • adjective economic pertaining to an economy, or system of organization or operation, especially of the process of production. 1
  • adjective economic involving or pertaining to one's personal resources of money: to give up a large house for economic reasons. 1
  • adjective economic pertaining to use as a resource in the economy: economic entomology; economic botany. 1
  • adjective economic affecting or apt to affect the welfare of material resources: weevils and other economic pests. 1
  • abbreviation ECONOMIC economical. 1
See all 27 definitions of economic

Information block about the term

Origin of economic

First appearance:

before 1585
One of the 35% oldest English words
1585-95; (< Middle French economique) < Latin oeconomicus < Greek oikonomikós relating to household management, equivalent to oikonóm(os) steward (oîko(s) house + nómos manager) + -ikos -ic

Historical Comparancy

Parts of speech for Economic

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Full grammatical hierarchy of Economic

economic popularity

A common word. It’s meaning is known to most children of preschool age. About 96% of English native speakers know the meaning and use the word.
Most Europeans know this English word. The frequency of it’s usage is somewhere between "mom" and "screwdriver".

economic usage trend in Literature

This diagram is provided by Google Ngram Viewer

Synonyms for economic

adj economic

  • fiscal — of or relating to the public treasury or revenues: fiscal policies.
  • industrial — of, pertaining to, of the nature of, or resulting from industry: industrial production; industrial waste.
  • commercial — Commercial means involving or relating to the buying and selling of goods.
  • monetary — of or relating to the coinage or currency of a country.
  • material — the substance or substances of which a thing is made or composed: Stone is a durable material.

adjective economic

  • cost-effective — Something that is cost-effective saves or makes a lot of money in comparison with the costs involved.
  • lucrative — profitable; moneymaking; remunerative: a lucrative business.
  • efficient — (esp. of a system or machine) Achieving maximum productivity with minimum wasted effort or expense.
All 18 Synonyms of economic

Top questions with economic

  • what is economic?
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  • economic efficiency in a free market occurs when?
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  • what is a key part of laissez faire economic policy?

Related words

  • capitalism

    Capitalism is an economic and political system in which property, business, and industry are owned by private individuals and not by the state.

  • historical materialism

    (in Marxist theory) the doctrine that all forms of social thought, as art or philosophy, and institutions, as the family or the state, develop as a superstructure founded on an economic base; that they reflect the character of economic relations and are altered or modified as a result of class struggles; that each ruling economic class produces the class that will destroy or replace it; and that dialectical necessity requires the eventual withering away of the state and the establishment of a classless society: the body of theory, in dialectical materialism, dealing with historical process and social causation.

  • common market

    A common market is an organization of countries who have agreed to trade freely with each other and make common decisions about industry and agriculture.

  • economic determinism

    the doctrine that all social, cultural, political, and intellectual forms are determined by or result from such economic factors as the quality of natural resources, productive capability, technological development, or the distribution of wealth.

  • leading indicators

    plural of leading indicator.

  • organization for economic cooperation and development

    an organization formed in 1966, succeeding the Organization for European Economic Cooperation, to promote economic growth and global trade. Abbreviation: OECD.
All related words to economic

See also

Matching words

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