Die Wirtschaft
Example: Die Wirtschaft hat sich nach dem Krieg schnell erholt.
Definition
"die Wirtschaft" refers to the system of production, distribution, and consumption of goods and services in a society, particularly focusing on the overall state and performance of these activities. For example, "Die Wirtschaft hat sich nach dem Krieg schnell erholt" means the economy recovered rapidly after the war.
Etymology
The German word "die Wirtschaft" comes from the Old High German word 'wirthschaft,' which originally meant household management. Over time, it evolved to denote the broader concept of economic activity and management of resources, reflecting how economies were once viewed as extensions of household operations.
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"Die Wirtschaft" appears in the Vocaplus list "", containing 204 commonly used words.
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