economic

Meanings

1. 1
   adj

   Relating to trade, industry, and the management of money in a country or region.

   The country is going through a period of strong economic growth.

2. 2
   adj

   Relating to the study of economics.

   He wrote a paper on a well-known economic theory.

3. 3
   adj

   Making a profit, or likely to make a profit.

   It was no longer economic to keep the old factory open.

Common collocations

• economic power Adjective + noun

The noun is derived from Middle English economike, iconomique (“household management”), and then: * from Middle French iconomique, oeconomique, and Old French iconomike (“(noun) household management; person in charge of household management; (adjective) relating to household management; relating to domestic or family matters; relating to management of a state; reducing costs or expenses, economical”) (modern French économique); and * from their etymon Latin oeconomicus (“(noun) household manager, housekeeper, steward; (adjective) relating to orderly arrangement of written material”) (whence La…

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