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economic
adjective
relating
to
money
,
trade
,
industry
,
and
the
overall
system
of
producing
and
using
goods
and
services
•
The
government
introduced
new
economic
policies
to
reduce
unemployment
.
The
government
introduced
new
economic
policies
to
reduce
unemployment
.
•
Tourism
is
the
island
’
s
main
economic
activity
,
supporting
thousands
of
jobs
.
Tourism
is
the
island
’
s
main
economic
activity
,
supporting
thousands
of
jobs
.
From
French
économique
and
ultimately
from
Ancient
Greek
oikonomikós
,
relating
to
household
management
,
which
broadened
to
the
modern
sense
of
managing
resources
of
a
state
.
adjective
profitable
or
cost-effective
;
bringing
a
good
return
for
the
money
or
effort
spent
•
It
is
not
economic
to
repair
the
old
printer
,
so
the
office
ordered
a
new
one
.
It
is
not
economic
to
repair
the
old
printer
,
so
the
office
ordered
a
new
one
.
•
Running
night
shifts
became
more
economic
after
electricity
prices
fell
.
Running
night
shifts
became
more
economic
after
electricity
prices
fell
.
Developed
from
the
general
sense
of
managing
resources
wisely
,
later
narrowed
in
the
19th
century
to
describe
actions
that
yield
financial
gain
.
economics
noun
the
social
science
that
studies
how
people
,
businesses
,
and
governments
choose
to
use
limited
resources
like
money
,
labor
,
and
land
•
Maria
decided
to
major
in
economics
at
university
because
she
loves
solving
real-world
problems
.
Maria
decided
to
major
in
economics
at
university
because
she
loves
solving
real-world
problems
.
•
Our
high
school
teacher
made
economics
fun
by
letting
us
run
a
mock
store
.
Our
high
school
teacher
made
economics
fun
by
letting
us
run
a
mock
store
.
From
the
Ancient
Greek
oikonomikós
(
relating
to
household
management
)
via
Latin
oeconomicus
and
French
économie
,
originally
referring
to
household
management
before
broadening
to
the
study
of
resources
in
society
.
noun
the
money-related
factors
that
decide
whether
a
plan
,
business
,
or
activity
is
practical
or
profitable
•
The
economics
of
opening
a
café
downtown
just
don't
add
up
right
now
.
The
economics
of
opening
a
café
downtown
just
don't
add
up
right
now
.
•
They
studied
the
economics
of
recycling
plastic
bottles
for
the
project
.
They
studied
the
economics
of
recycling
plastic
bottles
for
the
project
.
Extension
of
the
academic
sense
of
economics
to
practical
monetary
considerations
,
first
recorded
in
the
early
20th
century
.