Economic
Example: The economic policies of the 19th century shaped modern history.
Definition
"Economic" relates to the production, distribution, and consumption of goods and services, especially in the context of history where it describes policies or events affecting wealth and resources. For example, "economic" policies in the 19th century influenced societal development and historical outcomes.
Etymology
The word "economic" originates from the Greek word 'oikonomikos,' which means 'household management.' It entered English in the late 16th century through Latin and French. Did you know? The root 'oikos' means 'house,' reflecting how ancient economics was about managing household resources.
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"Economic" appears in the Vocaplus list "English - History - (B2) - set 1", containing 210 commonly used words.
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