Ekonomiya (en. Economy)

/ekonomiya/

Meaning & Definition

EnglishTagalog
noun
A system of production, distribution, and consumption of goods and services within a country or region.
The economy of the Philippines continues to develop.
Ang ekonomiya ng Pilipinas ay patuloy na umuunlad.
The total value of goods and services produced in a country.
Gross Domestic Product (GDP) measures the economy of a country.
Ang Gross Domestic Product (GDP) ay sumusukat sa ekonomiya ng isang bansa.
The factors that influence the state of wealth and income of people.
Many factors affect the economy such as inflation.
Maraming salik ang nakakaapekto sa ekonomiya katulad ng inflation.

Etymology

from the Greek word 'oikonomia'

Common Phrases and Expressions

nation's economy
Refers to the livelihood of a nation.
ekonomiya ng bansa
the economy was addressed
Steps were taken to improve the state of the economy.
inaksyunan ang ekonomiya

Related Words

supply
Refers to the amount of products or services ready to be sold.
supply
demand
Refers to the consumers' need for a product or service.
demand

Slang Meanings

savings or budget-friendly
We should experiment with budget-friendly recipes to save money.
Dapat tayong mag-eksperimento ng mga ekonomiyang resipe para makatipid.
cheap or low-cost
The cheap goods here are really affordable.
Ang mga ekonomiyang bilihin dito ay talagang nakakamura.
resourceful
He's the type of person who always finds a way to be resourceful with his things.
Siya ang tipo ng tao na laging nagiging ekonomiya sa kanyang mga bagay.