경제
gyeong-jeEconomy; the system of production, distribution, and consumption of goods and services in a society
한국의 경제는 빠르게 성장하고 있다.
The Korean economy is growing rapidly.
Often used in formal contexts to discuss national or global economic conditions.
Finance; the management of money and resources, especially in a business or governmental context
회사의 경제 관리는 매우 중요하다.
Financial management is very important for the company.
In business contexts, it can refer to financial management or budgeting.
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💡Pro Tip
Context Matters
The meaning of '경제' can shift between macroeconomic systems and financial management—pay attention to the surrounding context.
⚡Gold Rule
Formal vs. Technical
In formal contexts, '경제' refers to the national or global economy, while in technical contexts, it often means financial management.
📖Word Origin
Derived from Chinese characters 經濟 (경제), meaning 'managing household affairs' or 'economy'.
📝Usage Notes
In Korean, '경제' can refer to both macroeconomic systems and microeconomic financial management, depending on context.