What is the meaning of economic?

adjective

  • Of or relating to an economy, the system of production and management of material wealth.
    • usage: "economic growth"; "aspects of social, political, and economical life"
  • Of or relating to the science of economics.
    • usage: "economic theory"
  • Using the minimum of time or resources necessary for effectiveness.
    • usage: "an economic use of home heating oil"; "a modern economical heating system"; "an economical use of her time"
  • Concerned with worldly necessities of life (especially money. )
    • usage: "he wrote the book primarily for economic reasons"; "gave up the large house for economic reasons"; "in economic terms they are very privileged"
  • Financially rewarding.
    • usage: "it was no longer economic to keep the factory open"; "have to keep prices high enough to make it economic to continue the service"
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APAWordNet. (2010). economic. Retrieved September 20, 2026, from http://smartdefine.org/economic/definitions/1173071
ChicagoWordNet. 2010. "economic" http://smartdefine.org/economic/definitions/1173071 (accessed September 20, 2026).
HarvardWordNet 2010, economic, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/economic/definitions/1173071>.
MLAWordNet. "economic" 23 October 2010. Web. 20 September 2026. <http://smartdefine.org/economic/definitions/1173071>
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