German Conversation · Level 61
74 words
German word
Weltwirtschaft
Pronunciation
IPA/ˈvɛltˌvɪɐ̯tʃaft/
Meaning
- feminine nounworld economy
Example
Die Weltwirtschaft erholt sich langsam.
The world economy is slowly recovering.
More examples
Handelskonflikte haben oft direkte Auswirkungen auf die Weltwirtschaft.
Trade conflicts often have direct effects on the world economy.
Core concept
An economic network spans borders, with goods, money, and production moving between countries.
Common phrases
Auswirkungen auf die Weltwirtschaft
effects on the world economy
die Weltwirtschaft stabilisieren
stabilize the world economy
Similar words
Wirtschaft: The combined production, consumption, and employment within a country or region.
Weltmarkt: The global setting where goods and services are bought and sold.
Welthandel: The international movement of goods and services through trade.
Globalisierung: The growing cross-border connection of businesses, markets, and cultures.
Definition in German
das weltweite System von Produktion, Handel und Finanzbeziehungen
Word origin
German combines Welt with Wirtschaft to form Weltwirtschaft, a word for economic activity viewed on a worldwide scale.
Usage tips
- Weltwirtschaft usually refers to the global economy as a whole, whereas a country's economy is commonly named with a phrase such as die deutsche Wirtschaft.
Opposites
- Regionalwirtschaftregional economynoun
Related words
- Weltwirtschaftsbeziehungenworld economic relationsnoun
- Weltwirtschaftsordnungworld economic ordernoun