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경제 — meaning in English: economy

gyeongje · Learn this word with quizzes, examples and more on Maspeak.

Guess the translation for economy
경제
gyeongje
gu
정치
jeongchi
sang
학생
hagsaeng
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neutral common
Usage
Native speakers often use the word 경제 (gyeongje) when discussing topics related to finance, trade, or government policies, especially in news reports or academic discussions. For example, a news anchor might say, 'The Korean 경제 is showing signs of recovery,' during economic updates.
Synonyms & nuances
A close synonym for 경제 is 산업 (saneop), meaning 'industry.' While 경제 encompasses all aspects of the economy, including services and trade, 산업 specifically refers to industrial sectors. You would choose 경제 when discussing overall economic health and 산업 when focusing on manufacturing or production.
Culture
The Korean word 경제 (gyeongje) is derived from the Chinese characters 經濟, which mean 'to manage' and 'to plan.' Traditionally, the concept of 경제 has been integral to Korean society, especially during rapid industrialization in the late 20th century, shaping national policies and individual livelihoods alike. Interestingly, discussions about 경제 often reflect broader cultural values, emphasizing community welfare over individual profit.
FAQ
Q.What does 경제 (gyeongje) mean in English?
경제 translates to 'economy' in English, referring to the system of production, distribution, and consumption of goods and services in a society.
Q.How do you use 경제 in a sentence?
You can use 경제 in a sentence like, '한국의 경제는 빠르게 성장하고 있다,' meaning 'The Korean economy is growing rapidly.'
Q.Are there any common mistakes when using the word 경제?
One common mistake is using 경제 in a context that implies personal finance. Instead, use 재정 (jaejeong) for discussions about personal or household finances.
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