Definition

Relating to the economy, finances, or the management of resources and wealth.

Example

The government is implementing new policies to stimulate economic growth.

Conversation

Have you heard about the new economic policies they are proposing?

Yeah, I read that they might help boost local businesses.

I think it’s great if it leads to more jobs and economic stability.

Absolutely! It’s important for our community to thrive.

Synonyms & Antonyms

Root Explanation

Economic → It is formed from "oikonomia" (from Greek, meaning household management) and the suffix "-ic" (meaning pertaining to). The word "economic" refers to matters pertaining to the management of resources and wealth within a household or society.

Memory Tip

Think of 'household management' ('oikonomia') to remember that 'economic' relates to the management of resources and wealth.

Visually Confused Words