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The system of production, distribution, and consumption of goods and services in a country or region.
정부는 경제 성장을 촉진하기 위해 다양한 정책을 시행하고 있다.
The government is implementing various policies to promote economic growth.
In Korean, '경제' refers to both the macroeconomic system and the financial health of a country.
The financial or material resources of a person or organization.
그 회사는 경제적으로 매우 안정적이다.
That company is very stable financially.
This usage is less common but still valid in certain contexts.
'경제' is often used in news and business contexts to discuss economic trends, policies, and performance.
Use '경제' in formal contexts when referring to national or global economic systems. In informal contexts, it can describe personal or organizational finances.
Derived from the Sino-Korean characters 經濟 (경 + 제), where 經濟 means 'management of household' or 'economy' in Classical Chinese.
In modern Korean, '경제' is most commonly used to refer to the national or global economy, but it can also describe the financial state of an individual or organization.