🇩🇪German Source WordCode: DE

Wirtschaftswachstum

Pronunciation / Transliteration: ˈvɪʁtʃaft͡sˌvaːxstum

🇬🇧 Direct English Meaning:
Economic Growth/ˌiː.kəˈnɒ.mɪk ɡroʊθ/
nounCEFR B2 (Upper)Top #1500 frequency
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🇩🇪 Example Sentence in German:

"Das Wirtschaftswachstum hat in diesem Jahr zugenommen."

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    An increase in the production of goods and services in an economy over a period of time.

    "The country experienced significant economic growth after implementing new trade policies."
  2. 2

    A measure of the increase in a country's output of goods and services, typically expressed as a percentage.

    "The economic growth rate was reported at 3% for the last quarter."

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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', while 'growth' comes from the Old English 'gretan', meaning 'to grow or increase'. The combination reflects the increase in the production and consumption of goods and services in an economy.

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