German word

Wirtschaft

Pronunciation

IPA/ˈvɪɐ̯tʃaft/

Meaning

  • feminine nouneconomy

Example

Die Wirtschaft hat sich nach der Krise erholt.

The economy recovered after the crisis.

Illustration for Wirtschaft (economy)

More examples

Viele junge Leute möchten in der Wirtschaft arbeiten.

Many young people would like to work in the business sector.

Core concept

A society's supply network connects producers, traders, and service providers; in another sense, it is a local inn or tavern.

Common phrases

  • in der Wirtschaft arbeiten

    work in the business sector

  • Arbeitsplätze in der Wirtschaft

    jobs in the business sector

Similar words

Unternehmen: An organization that produces and sells goods or services for profit.
Betrieb: A workplace or facility where goods are made or services are provided.
Markt: A place or system where buyers and sellers exchange goods or services.

Definition in German

Wirtschaft bezeichnet alle Tätigkeiten der Produktion, des Handels und der Dienstleistungen, die die Versorgung einer Gesellschaft sichern.

Word origin

Wirtschaft comes from Middle High German wirtschaft, from Wirt, 'host' or 'innkeeper', plus -schaft, and broadened from household or inn management to economic activity.

Usage tips

  • Wirtschaft is feminine, and plural Wirtschaften can mean separate economies, businesses, or taverns.

Other meanings

  • economic conditionsnoun
  • business communitynoun
  • tavernnoun

Related words

Word lists with this word