economic Definition

  • 1relating to the economy or economics
  • 2relating to the production, distribution, and use of income, wealth, and commodities

Using economic: Examples

Take a moment to familiarize yourself with how "economic" can be used in various situations through the following examples!

  • Example

    The government's economic policies have been successful in reducing unemployment.

  • Example

    The company is facing some economic challenges due to the pandemic.

  • Example

    The economic growth of the country has slowed down.

economic Synonyms and Antonyms

Synonyms for economic

Antonyms for economic

Phrases with economic

  • the process by which a nation improves the economic, political, and social well-being of its people


    The government is investing in infrastructure to promote economic development.

  • a system of production, resource allocation, and distribution of goods and services within a society or a given geographic area


    Capitalism and socialism are two different types of economic systems.

  • economic sanctions

    commercial and financial penalties applied by one or more countries against a targeted country, group, or individual


    The United States imposed economic sanctions on North Korea.

Origins of economic

from Greek 'oikonomikos', meaning 'skilled in household management'


Summary: economic in Brief

The term 'economic' [ˌiːkəˈnɒmɪk] refers to anything related to the economy or economics, including the production, distribution, and use of income, wealth, and commodities. It can be used to describe government policies, business challenges, and the growth of a country. Phrases like 'economic development' and 'economic system' denote processes and structures, while 'economic sanctions' refer to penalties applied by countries against others. Synonyms include 'financial' and 'monetary.'

How do native speakers use this expression?