Economic
Understand the Problem
The question seems to be a general search query related to economics without any specific context or detail.
Answer
Related to production, distribution, consumption of goods/services.
'Economic' refers to anything related to the production, distribution, and consumption of goods and services. It can also mean relating to trade, industry, or money.
Answer for screen readers
'Economic' refers to anything related to the production, distribution, and consumption of goods and services. It can also mean relating to trade, industry, or money.
More Information
The term 'economic' is fundamentally connected to how societies utilize resources for growth and well-being. It underlies the fields of economics, influencing policies and decision-making at individual and national levels.
Tips
Common mistake is confusing 'economic' with 'economical', the latter of which means cost-effective or saving money.
Sources
- Economic Definition & Meaning - Merriam-Webster - merriam-webster.com
- Economics Defined with Types, Indicators, and Systems - Investopedia - investopedia.com
- ECONOMIC | definition in the Cambridge English Dictionary - dictionary.cambridge.org
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