economic - Meaning in Sanskrit

Practice

economic - Meaning in Sanskrit

Definitions and Meaning of economic in English

economic adjective

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

   Synonyms

   economical

   अर्थशास्त्रीय

   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 scarce 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 

adjective 

SHABDKOSH Apps

Shabdkosh  Premium

Ad-free experience & much more

Learn More

Tips to improve your spellings

Writing in English is as important as speaking. To learn to write correctly might seem like a difficult task. There are always some tips that you need… Read more »

English tenses

Knowing English tenses for a beginner is considered important. However, it is not really important for someone who speaks English on a regular basis… Read more »

Must read books by Ruskin Bond

Reading is an important part in everyone's lives. If you are wondering how to start with reading and cultivating a habit, then you are in the right… Read more »

Read more articles »