Meaning & Definition of Economic in English
English⟶
Economic
/ɛkənɑmɪk/
adjective
1. Of or relating to an economy, the system of production and management of material wealth
- "Economic growth"
- "Aspects of social, political, and economical life"
synonym:
- economic,
- economical
2. Of or relating to the science of economics
- "Economic theory"
synonym:
- economic
3. Using the minimum of time or resources necessary for effectiveness
- "An economic use of home heating oil"
- "A modern economical heating system"
- "An economical use of her time"
synonym:
- economic,
- economical
4. Concerned with worldly necessities of life (especially money)
- "He wrote the book primarily for economic reasons"
- "Gave up the large house for economic reasons"
- "In economic terms they are very privileged"
synonym:
- economic
5. Financially rewarding
- "It was no longer economic to keep the factory open"
- "Have to keep prices high enough to make it economic to continue the service"
synonym:
- economic
Examples of using
All economic problems would be solved, if they made complacency taxable.
Last year was a period of economic uncertainty.
The economic anarchy of capitalist society as it exists today is, in my opinion, the real source of the evil.