Economic
Example: The economic growth during the 19th century changed society.
Definition
"Economic" relates to the production, distribution, and consumption of goods and services. It describes aspects connected to the economy, such as financial growth or policy, as in the phrase 'The economic growth during the 19th century changed society.'
Etymology
The word "economic" comes from the Greek 'oikonomikos,' meaning 'household management.' It entered English in the late 16th century, originally referring to management of resources, and later broadened to include all matters related to wealth and economy.
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"Economic" appears in the Vocaplus list "English - History - (B1) - set 1", containing 204 commonly used words.
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