economic
pronunciation
How to pronounce economic in British English:
UK [ˌiːkəˈnɒmɪk]
How to pronounce economic in American English:
US [ˌiːkəˈnɑːmɪk]
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- Adjective:
- of or relating to an economy, the system of production and management of material wealth
- of or relating to the science of economics
- concerned with worldly necessities of life (especially money)
- financially rewarding
- using the minimum of time or resources necessary for effectiveness
Word Origin
- economic (adj.)
- 1590s, "pertaining to management of a household," perhaps shortened from economical, or else from French économique or directly from Latin oeconomicus "of domestic economy," from Greek oikonomikos "practiced in the management of a household or family" (also the name of a treatise by Xenophon on the duties of domestic life), hence, "frugal, thrifty," from oikonomia "household management" (see economy (n.)). Meaning "relating to the science of economics" is from 1835 and now is the main sense, economical retaining the older one of "characterized by thrift."
Example
- 1. Technology for local economic development .
- 2. The biggest problem is economic .
- 3. The economic consequences are serious .
- 4. Its economic prospects are bright .
- 5. What is your economic forecast ?