What does economic mean?
Economic means Pertaining to an economy..
/ˌiːkəˈnɒmɪk/ · adjective
Pertaining to an economy..
Economics is a messy discipline: too fluid to be a science, too rigorous to be an art. Perhaps it is fitting that economists’ most-used metric, gross domestic product (GDP), is a tangle too. GDP measures the total value of output in an economic territory. Its apparent simplicity explains why it is scrutinised down to tenths of a percentage point every month.
There is much talk of tyranny in the political realm, but little is said about the tyrannies in the economic realm, a primary one being the tyranny of high costs: high costs crush the economy from within and enslave those attempting to start enterprises or keep their businesses afloat.
And doth employ her Oeconomick Art, and buisy Care, her Houshold to preserve
Choose a synonym only when it preserves the intended meaning, tone, and grammar of the full sentence.
Economic means Pertaining to an economy..
Common synonyms include penny-pinching, thrifty, bargainous, low-cost.
The opposite depends on the specific sense.
Economics is a messy discipline: too fluid to be a science, too rigorous to be an art. Perhaps it is fitting that economists’ most-used metric, gross domestic product (GDP), is a tangle too. GDP measures the total value of output in an economic territory. Its apparent simplicity explains why it is scrutinised down to tenths of a percentage point every month.
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