English Lexicon

Economic Structure

/ˌiː.kəˈnɒ.mɪk ˈstrʌk.tʃər/
nounCEFR B2 (Upper)Top #1500 frequency
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Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    The arrangement or organization of economic activities and institutions within a society.

    "The economic structure of the country has shifted significantly due to globalization."
  2. 2

    The interrelated components that make up an economy, including industries, labor, and resources.

    "Understanding the economic structure is crucial for policymakers to implement effective reforms."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term 'economic' originates from the Greek word 'oikonomikos', meaning 'pertaining to household management', which evolved through Latin into Middle English. 'Structure' comes from the Latin 'structura', meaning 'a fitting together', reflecting the assembly of various components.

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