1 economic | Definition of economic

economic

adjective
eco·​nom·​ic | \ ˌe-kə-ˈnä-mik How to pronounce economic (audio) , ˌē-kə- How to pronounce economic (audio) \

Definition of economic

1a : of, relating to, or based on the production, distribution, and consumption of goods and services economic growth
b : of or relating to an economy a group of economic advisers
c : of or relating to economics economic theories
3 : having practical or industrial significance or uses : affecting material resources
5 archaic : of or relating to a household or its management

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Synonyms & Antonyms for economic

Synonyms

fat, gainful, juicy, lucrative, money-spinning [chiefly British], moneymaking, paying, profitable, remunerative

Antonyms

unprofitable

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Examples of economic in a Sentence

a program to prevent inflation and economic collapse the President's chief economic adviser We're looking for a more economic way of doing business.
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Recent Examples on the Web

For the country’s biggest landowners and food producers, the Amazon and its indigenous people have always been an obstacle to economic development, hence their support of a president openly hostile towards indigenous groups. Felipe Araujo, The New Republic, "The Best Way to Fight Fires in the Amazon," 5 Sep. 2019 Travalyst, as the organization is called, will seek to grow global conservation efforts and environmental protections, and expand local economic development in the communities that need it most. Louis Cheslaw, Condé Nast Traveler, "Prince Harry's New Initiative Will Keep the Travel Industry Honest on Climate," 3 Sep. 2019 Get our daily newsletter Recessions are synchronised declines in economic activity; weak demand typically shows up in nearly every sector in an economy. The Economist, "Parts of America may already be facing recession," 31 Aug. 2019 Increased attendance at state parks and forests also means greater economic activity for many Connecticut businesses supplying food, gasoline and all sorts of other goods and services to park goers, according to Hammerling. Gregory B. Hladky, courant.com, "New “passport to the parks” bringing lots more visitors to state parks," 31 Aug. 2019 The gross domestic product, the broadest gauge of economic activity, grew at a moderate 2% annual rate in the April-June quarter, the Commerce Department said Thursday. CBS News, "U.S. economy slowed slightly in second quarter," 29 Aug. 2019 Consumer spending makes up about 70% of total U.S. economic activity. Los Angeles Times, "Newsletter: Worried about a recession? Go out and buy a pair of shoes," 26 Aug. 2019 The relocation of the capital, some 1,400 kilometers away from Jakarta, will help spread economic activity outside the nation’s most-populous island of Java, the president has said. Arys Aditya And Tassia Sipahutar / Bloomberg, Time, "Indonesia Plans to Move Its Capital to the Island of Borneo," 26 Aug. 2019 And therefore, people use more of them and generate more economic activity. A. Chris Gajilan, CNN, "Nixon created the EPA in 1970. Today, it's a much different agency.," 23 Aug. 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'economic.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of economic

1599, in the meaning defined at sense 5

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More Definitions for economic

economic

adjective

English Language Learners Definition of economic

: relating to an economy : relating to the process or system by which goods and services are produced, sold, and bought
: relating to the science of economics

economic

adjective
eco·​nom·​ic | \ ˌe-kə-ˈnä-mik How to pronounce economic (audio) , ˌē-\

Kids Definition of economic

1 : of or relating to the study of economics economic theories
2 : relating to or based on the making, selling, and using of goods and services The program promoted economic growth.

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More from Merriam-Webster on economic

Rhyming Dictionary: Words that rhyme with economic

Thesaurus: All synonyms and antonyms for economic

Spanish Central: Translation of economic

Nglish: Translation of economic for Spanish Speakers

Britannica English: Translation of economic for Arabic Speakers