economic

Definitions

Relating to the production, consumption, and transfer of wealth.

Justified in terms of profitability or cost-effectiveness.

Relating to the branch of knowledge concerned with the production, consumption, and transfer of wealth.

Examples

The country is facing a severe economic crisis due to rising inflation.

The government implemented new policies to stimulate economic growth across the region.

Synonyms

financial fiscal monetary budgetary commercial mercantile pecuniary

Antonyms

uneconomical wasteful extravagant expensive costly unprofitable inefficient