ec ‧ o ‧ nom ‧ i ‧ cally AC /ˌekəˈnɒmɪkli, ˌiː- $ -ˈnɑː-/ BrE AmE adverb
[ Word Family: noun : ↑ economics , ↑ economist , ↑ economy ; adjective : ↑ economic , ↑ economical ≠ UNECONOMIC(AL) , ↑ economy ; verb : ↑ economize ; adverb : ↑ economically ≠ ↑ uneconomically ]
1 . in a way that is related to systems of money, trade, or business:
In economically advanced countries, women marry later.
[sentence adverb]
Economically, capitalism has transformed societies.
2 . in a way that uses money, goods, time etc without wasting any:
We produce food as economically as possible.
Small trees use space in the garden economically.
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COLLOCATIONS
■ adjectives
▪ economically developed/advanced (=modern, with many different types of industry)
the economically developed countries of Western Europe
▪ economically successful
an economically successful area
▪ economically powerful (=rich and powerful)
economically powerful countries like the US
▪ economically depressed (=with not enough business activity, jobs etc)
Economically depressed areas in the northeast will receive extra EU funding.
▪ economically dependent on (=depending on someone or something for money)
The country is still economically dependent on agriculture.
▪ economically viable/feasible (=likely to be or remain financially successful)
Most of the coal mines in the area are no longer economically viable.
▪ economically active (=with a job, and so earning money)
A lot of older women are not economically active.
▪ economically independent (=not depending on other people for money)
Societies change when women become economically independent.
▪ economically disadvantaged (=poor)
Many of our students are from economically disadvantaged backgrounds.
■ verbs
▪ develop economically (=grow and become more economically successful)
China is continuing to develop economically and politically.