Economic Discussed Social Adjective ˌiːkəˈnɒmɪk ˌekəˈnɒmɪk Political Issues

• they discussed social, economic and political issues.
• economic growth/development
• the worst economic crisis since the war
• there will be no quick economic recovery.

economic

1. connected with the trade, industry and development of wealth of a country, an area or a society
• SEE ALSO socio-economic
  https://www.oxfordlearnersdictionaries.com/definition/english/socio-economic
• They discussed social, economic and political issues.
• economic growth/development
• the worst economic crisis since the war
• There will be no quick economic recovery.
• the government’s economic policy
• economic activity/cooperation/reform
• an economic downturn/slowdown
• A public spending programme is out of the question in the current economic climate.

Extra Examples

• Economic growth was fastest in Japan.
• She's a lecturer in economic history.
• The government's economic policy has been broadly successful.
• This book deals with the social, economic and environmental questions of the period.
• They discussed competitiveness in global economic markets.
• The current economic downturn has affected the city's art scene.
• The welfare state is inefficient in purely economic terms.
2. producing enough profit to continue
• SYNONYM profitable
  https://www.oxfordlearnersdictionaries.com/definition/english/profitable
• The college was not achieving the numbers of students needed to make it economic.
• They found it was not economic to sell their milk to the supermarkets.
• It's simply not economic for these small farmers to start buying large amounts of expensive fertilizer.

Extra Examples

• The business was getting to the stage where it wasn't economic any longer.
• Small local shops stop being economic when a supermarket opens up nearby.
• These investment projects will become economic in a few years.

Word Origin

• late Middle English: via Old French and Latin from Greek oikonomikos, from oikonomia ‘household management’, based on oikos ‘house’ + nemein ‘manage’. Originally a noun, the word denoted household management or a person skilled in this, hence the early sense of the adjective (late 16th cent.) ‘relating to household management’. Modern senses date from the mid 19th cent.