Economic (adjective)

  1. Relating to the management of the resources of a community, country, or other area, especially with regard to its production, distribution, and consumption of goods and services.
  2. Relating to the study of the production and distribution of wealth, especially in a specific country or region.

Origin:

Mid 17th century: from french économique, from greek oikonomikos, from oikonomia "household management", from oikos "house" + nemein "manage".

Examples:

  1. The government's economic policy is aimed at reducing inflation.
  2. His research focuses on the economic history of 19th-century Britain.
  3. The region is facing an economic crisis due to rising unemployment.
  4. The economic sanctions have had a severe impact on the country's trade.
  5. Economic growth is essential for the well-being of the nation.
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