Economic vs Commerce - What's the difference?
economic | commerce |
Pertaining to an economy.
* {{quote-magazine, date=2013-08-03, volume=408, issue=8847, magazine=(The Economist)
, title= Frugal; cheap (in the sense of representing good value) ; economical.
Pertaining to the study of money and its movement.
' Economical is preferred when referring to thrift or value for money. (business) The exchange or buying and selling of commodities; especially the exchange of merchandise, on a large scale, between different places or communities; extended trade or traffic.
Social intercourse; the dealings of one person or class in society with another; familiarity.
* Macaulay:
* 1881 , :
(obsolete) Sexual intercourse.
A round game at cards, in which the cards are subject to exchange, barter, or trade.
(dated) To carry on trade; to traffic.
(dated) To hold intercourse; to commune.
As an adjective economic
is economic.As a verb commerce is
.economic
English
Alternative forms
* economick (archaic) * (archaic) * (obsolete)Adjective
(en adjective)Boundary problems, passage=Economics is a messy discipline: too fluid to be a science, too rigorous to be an art. Perhaps it is fitting that economists’ most-used metric, gross domestic product (GDP), is a tangle too. GDP measures the total value of output in an economic territory. Its apparent simplicity explains why it is scrutinised down to tenths of a percentage point every month.}}
Usage notes
Modern usage prefers economic' when describing the economy of a region or country (and when referring to personal or family budgeting).' Economical is preferred when referring to thrift or value for money.
Derived terms
* economical * economicsAnagrams
* ----commerce
English
Noun
- Fifteen years of thought, observation, and commerce with the world had made him [Bunyan] wiser.
- Suppose we held our converse not in words, but in music; those who have a bad ear would find themselves cut off from all near commerce , and no better than foreigners in this big world.
- (Hoyle)
Synonyms
* trade, traffic, dealings, intercourse, interchange, communion, communication * See alsoDerived terms
* chamber of commerce * commercialVerb
(commerc)- Beware you commerce not with bankrupts. -B. Jonson.
- Commercing with himself. -Tennyson.
- Musicians ... taught the people in angelic harmonies to commerce with heaven. -Prof. Wilson.
