economic
economic Lexical Profile
economic Game Scores & Validity
• adjective
Relating to the economy, commerce, finance, or the production, distribution, and consumption of goods and services.
"The government introduced new policies to stimulate economic growth and reduce unemployment."
Justified in terms of profitability; generating enough revenue to cover costs and operate viably.
"Because of falling mineral prices, the small mine was no longer an economic venture."
Word Nuance & Usage
Do not confuse 'economic' with 'economical': 'economic' primarily relates to the economy or the study of economics (e.g., 'economic growth'), whereas 'economical' means thrifty, cost-effective, or avoiding waste (e.g., 'an economical car').
• Rhymes for economic
• Nearby Words
Word Origin & Etymology
Borrowed in the late 14th century via Old French and Latin from Ancient Greek 'oikonomikos' (practiced in the management of a household), derived from 'oikos' (house) and 'nomos' (managing, law).