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Economic vs Thrifty - What's the difference?

economic | thrifty |

As adjectives the difference between economic and thrifty

is that economic is pertaining to an economy while thrifty is given to, or evincing, thrift; characterized by economy and good management of property; sparing; frugal.

economic

English

Alternative forms

* economick (archaic) * (archaic) * (obsolete)

Adjective

(en adjective)
  • Pertaining to an economy.
  • * {{quote-magazine, date=2013-08-03, volume=408, issue=8847, magazine=(The Economist)
  • , title= 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.}}
  • Frugal; cheap (in the sense of representing good value) ; economical.
  • Pertaining to the study of money and its movement.
  • 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 * economics

    Anagrams

    * ----

    thrifty

    English

    Adjective

    (er)
  • Given to, or evincing, thrift; characterized by economy and good management of property; sparing; frugal.
  • Thriving by industry and frugality; prosperous in the acquisition of worldly goods; increasing in wealth; as, a thrifty farmer or mechanic.
  • Growing rapidly or vigorously; thriving; as, a thrifty plant or colt.
  • Secured by thrift; well husbanded.
  • Well appearing; looking or being in good condition; becoming.
  • Synonyms

    * See also

    Antonyms

    * spendthrift

    Derived terms

    * thriftily * thriftiness