Economic vs Eurosclerosis - What's the difference?
economic | eurosclerosis |
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. (informal) The European economic pattern of the 1980s of high unemployment and slow job creation in spite of overall economic growth, in contrast to the success of the United States at that time.
As an adjective economic
is pertaining to an economy.As a noun Eurosclerosis is
the European economic pattern of the 1980s of high unemployment and slow job creation in spite of overall economic growth, in contrast to the success of the United States at that time.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.