Adjectives For Economies
Discover the most popular adjectives for describing economies, complete with example sentences to guide your usage.
Updated on March 16, 2024
Choosing the right adjective to pair with 'economies' can significantly alter the scope and focus of your discussion. From 'national' to 'local', each term paints a unique portrait, highlighting the diverse facets of economic systems. 'National economies' often refer to the financial state of entire countries, while 'local economies' zoom in on more regional or community-based financial activities. 'Asian economies' tends to focus on the economic dynamics within Asian countries, often contrasting them against 'developed' or 'advanced economies', which are terms typically used to describe countries with more mature economic systems. Exploring 'external economies' can delve into the interactions and impacts between different economic systems. Unveiling these nuances emphasizes the importance of adjective choice in accurately conveying complex economic concepts. Discover the full spectrum of adjectives that can transform your understanding of 'economies'.
| national | The global financial crisis had a significant impact on national economies |
| asian | The Asian economies are growing rapidly. |
| developed | Developed economies are often characterized by high levels of technology and economic complexity. |
| external | External economies may cause positive externalities for firms not involved in the production. |
| advanced | Advanced economies are typically characterized by high levels of economic development and technological advancement. |
| local | The pandemic has had a devastating impact on local economies |
| capitalist | Capitalist economies are characterized by private ownership of the means of production. |
| industrial | Industrial economies are characterized by high levels of capital and technology. |
| european | The European economies are facing a number of challenges. |
| western | After the 1945 Yalta conference, western economies began the transition from wartime production to civilian production. |
| regional | New local industries are expanding regional economies |
| east | East economies are growing faster than those in the West. |
| modern | Modern economies are characterized by globalization, technological advancement, and service industries. |
| open | Open economies are characterized by free trade and the movement of goods, services, and capital across borders. |
| socialist | Socialist economies are characterized by the public ownership of the means of production. |
| most | Most economies have reported positive growth for the past year. |
| african | African economies are growing rapidly, but many challenges remain. |
| major | The United States, China, Japan, and the European Union are the world's major economies |
| scale | Scale economies arise when the average cost of production falls as the quantity of output increases. |
| domestic | The domestic economies of many countries are struggling. |
| industrialized | The increase in pollution levels is a common problem in industrialized economies |
| planned | Planned economies are characterized by government control of the means of production and distribution of goods and services. |
| mixed | Mixed economies combine elements of both capitalism and socialism. |
| underdeveloped | Underdeveloped economies often face challenges such as poverty, lack of infrastructure, and limited access to education and healthcare. |
| internal | Internal economies of scale exist when a single firm can increase its output or reduce its costs while keeping all other inputs constant. |
| latin | Latin economies are struggling due to the pandemic. |
| significant | Significant economies resulted from the introduction of new technologies. |
| rural | Due to recent climate events, rural economies have been struggling. |
| transitional | |
| substantial | The company has also implemented numerous procedural changes, which have led to substantial economies |
| agricultural | Agricultural economies are economies based on the production of agricultural products. |
| urban | Urban economies are complex systems that are constantly evolving. |
| based | |
| dynamic | Many dynamic economies are characterized by high levels of innovation and entrepreneurship. |
| largest | The United States, China, and Japan are the largest economies in the world. |
| income | |
| communist | Communist economies are often characterized by central planning and government ownership of industry. |
| oriented | |
| colonial | Sugar and tobacco were important crops in colonial economies |
| traditional | Traditional economies are characterized by the production of goods and services for subsistence purposes, with little or no trade or specialization. |
| mature | Mature economies are characterized by slow economic growth and a stable political environment. |
| smaller | Smaller economies often face challenges in accessing global markets. |
| successful | |
| global | Fluctuations in global economies can have a negative impact on business profits. |
| industrialised | Developed countries, also known as industrialised economies have higher levels of economic development. |
| agrarian | Agrarian economies are those that rely heavily on agriculture as the primary source of income. |
| respective | The significant slowdown in global growth has had a significant effect on our respective economies |
| potential | Certain elements embedded in the process have the potential economies which ultimately could reduce costs to the company. |
| southeast | |
| eastern | The eastern economies are growing rapidly. |
| closed | Closed economies are those that do not engage in international trade. |
| primitive | Primitive economies provide the most basic levels of human needs. |
| dependent | These remote communities have dependent economies that rely on tourism and fisheries. |
| type | Type economies are economies in which there is a high degree of specialization and interdependence among different industries. |
| peripheral | The peripheral economies of the region are struggling to keep up with the pace of global economic growth. |
| competitive | International trade is vital for competitive economies |
| backward | Backward economies face a host of challenges that make it difficult to achieve sustainable development. |
| controlled | The Soviet Union and China used to have controlled economies |
| weak | Many companies have faced challenges during this time of weak economies |
| growing | Many developing countries with growing economies are experiencing a rapid increase in their population. |
| informal | Informal economies often involve small-scale businesses and self-employment. |
| contemporary | Contemporary economies face a number of challenges, including income inequality and environmental degradation. |
| diversified | Economies that include a wide variety of industries and services are diversified economies |
| liberal | Liberal economies are characterized by free markets, minimal government intervention, and strong property rights. |
| metropolitan | The metropolitan economies of the world are highly interconnected. |
| west | West economies are dependent on the exports of their goods and services. |
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