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Economically for Dummies

pronunciation: ,ikə'nɑmɪkəlli

What does Economically really mean?

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Hey there! So, the word "economically" refers to how we manage and use our money and resources. It's all about the financial side of things – like how much money you have, what you spend it on, and how you make decisions about saving and spending.

When we talk about being "economically" successful, it means that you are doing well in terms of money. Maybe you have a good job, you're able to save some money, and you can comfortably take care of your needs.

But "economically" can also refer to something being done in a way that is efficient and not wasteful. For example, if you say, "I need to do my laundry economically," it means you want to do it in a way that doesn't waste too much water or electricity.

So, in a nutshell, "economically" means managing money and resources well, and doing things in a way that is efficient and not wasteful. It's like making sure you're getting the most out of what you have, whether it's money, time, or other resources.

Revised and Fact checked by Emily Johnson on 2023-11-17 08:04:01

Economically In a sentece

Learn how to use Economically inside a sentece

  • Families who were struggling economically were provided with financial aid to help them pay for essential living expenses.
  • The government implemented new policies to improve the economically disadvantaged areas in the country.
  • Small businesses were impacted economically by the sudden increase in taxes.
  • The economically stable country was able to provide free education and healthcare to all its citizens.
  • The pandemic caused many people to face economic hardship, and the government offered support to help them through this difficult time.

Economically Pertains To

Words to which the original word is relevant