Spanish word

economía

Pronunciation

IPA/ekonoˈmia/

Meaning

  • feminine nouneconomy

Example

La economía del país está mejorando.

The country's economy is improving.

Illustration for economía (economy)

More examples

Los cambios en la economía global afectan los precios locales.

Changes in the global economy affect local prices.

Core concept

Flow of money and resources that underlies production and consumption.

Common phrases

  • economía familiar

    household finances

  • economía global

    global economy

Similar words

mercado: Venue or system where buying and selling of goods and services occurs.
finanzas: Practice of managing money for individuals or companies, including investing and spending.
presupuesto: Planned estimate of income and expenses that sets how funds will be distributed.
desempleo: Situation in which people who want work are unable to find jobs.

Definition in Spanish

Conjunto de actividades relacionadas con la producción, distribución y consumo de bienes y servicios, y la disciplina que estudia esas actividades.

Word origin

Derived from Greek oikonomía 'household management' through Latin, first referring to household finances before expanding to national economic activity and the academic field.

Usage tips

  • The single word economía commonly covers both 'the economy' and 'economics' as a discipline, unlike English which keeps those senses more distinct.

Other meanings

  • economicsnoun
  • household financesnoun
  • thriftnoun

Opposites

  • derrocheextravagancenoun
  • malgastowastenoun

Related words

Word lists with this word