economic - Meaning in Malayalam

Practice

economic - Meaning in Malayalam

Definitions and Meaning of economic in English

economic adjective

1. using the minimum of time or resources necessary for effectiveness

   Synonyms

   economical

   Examples

   • "a modern economical heating system"
   • "an economic use of home heating oil"
   • "an economical use of her time"
2. financially rewarding

   Examples

   • "have to keep prices high enough to make it economic to continue the service"
   • "it was no longer economic to keep the factory open"
3. concerned with worldly necessities of life (especially money)

   Examples

   • "gave up the large house for economic reasons"
   • "he wrote the book primarily for economic reasons"
   • "in economic terms they are very privileged"
4. of or relating to the science of economics

   Example

   • "economic theory"
5. of or relating to an economy, the system of production and management of material wealth

   Synonyms

   economical

   Examples

   • "aspects of social, political, and economical life"
   • "economic growth"

Synonyms of economic

• economical
• economical

Description

An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone.

Also see "Economy" on Wikipedia

More matches for economic

noun 

SHABDKOSH Apps

Shabdkosh  Premium

Ad-free experience & much more

Learn More

Basic conversation skills (for Hindi learners)

Learn Hindi with the help of these skills. Learn to use the right words and sentences in different situations. Read more »

Learn to pronounce these difficult words in English

Add something new to your language every time you speak. These words might help you upgrade your language knowledge. Read more »

Shakespearean phrases that are used even today

Learn these phrases and use them in your writings and while storytelling! Read more »

Read more articles »