Economic
Example: The country's economic growth improved after the new policies.
Definition
"Economic" relates to the production, distribution, and consumption of goods and services. In history, it often refers to matters affecting a country's wealth and resources, such as the country's economic growth or policies influencing financial stability and development.
Etymology
The word "economic" originates from the Greek word 'oikonomikos,' meaning 'practical in managing a household,' derived from 'oikonomia,' meaning 'household management.' Did you know? The term evolved to describe broader management of resources beyond households, eventually encompassing national wealth and industry.
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"Economic" appears in the Vocaplus list "English - History - (B2) - set 1", containing 210 commonly used words.
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