different between economic vs oligopoly

economic

English

Alternative forms

  • economick, œconomic (archaic)
  • œconomick (obsolete)

Etymology

From Middle French economique, from Latin oeconomicus, from Ancient Greek ??????????? (oikonomikós, skilled with household management).

Pronunciation

  • (Received Pronunciation) IPA(key): /?i?k??n?m?k/
  • (General American) IPA(key): /??k??n?m?k/
  • Rhymes: -?m?k

Adjective

economic (comparative more economic, superlative most economic)

  1. Pertaining to an economy.
  2. Frugal; cheap (in the sense of representing good value); economical.
  3. 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

Related terms

  • economise
  • economize
  • economic blockade
  • economic warfare

Translations

Anagrams

  • oncomice

Ladin

Adjective

economic m pl

  1. plural of economich

Occitan

Etymology

From Latin oeconomicus.

Pronunciation

Adjective

economic m (feminine singular economica, masculine plural economics, feminine plural economicas)

  1. economic

Derived terms

  • economicament

Related terms

  • economia

Romanian

Etymology

From French économique.

Pronunciation

  • IPA(key): /e.ko?no.mik/

Adjective

economic m or n (feminine singular economic?, masculine plural economici, feminine and neuter plural economice)

  1. economic
  2. economical

Declension

economic From the web:

  • what economic system is the us
  • what economic system is china
  • what economic class am i
  • what economic system is canada
  • what economic system is russia
  • what economic system is north korea
  • what economic system is sweden
  • what kind of economic system does the us have


oligopoly

English

Etymology

Derived, by analogy with monopoly, from Ancient Greek ?????? (olígoi, few) + ????? (p?lé?, to sell).From oligo- +? -poly

Pronunciation

  • (UK) IPA(key): /?l????p?li/
  • (US) IPA(key): /?l????p?li/

Noun

oligopoly (plural oligopolies)

  1. An economic condition in which a small number of sellers exert control over the market of a commodity.

Related terms

  • oligopolist, oligopolistic, oligopolistically, oligopolize

Related terms

  • monopoly
  • duopoly

Translations

See also

  • duopoly
  • monopoly
  • oligopsony

oligopoly From the web:

  • what oligopoly is beneficial to producers
  • what oligopoly and monopoly
  • what oligopoly do
  • oligopoly what industry
  • what is oligopoly in economics
  • what is oligopoly competition
  • what distinguishes oligopoly from monopolistic competition
  • what is oligopoly market structure
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