Meaning & use
dynamic economy
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Meaning
nouncountable
An economy that is full of activity, new ideas, and change, and that adjusts quickly to new conditions.
Grammar: Used with 'a' or 'the' and can be plural: 'dynamic economies'.
Patterns
- a dynamic economy
- the dynamic economy of a country
- become a dynamic economy
The country built a dynamic economy by encouraging small businesses and foreign investment.
A dynamic economy creates new jobs even as old industries decline.
Policymakers want to turn the region into a dynamic economy that attracts young workers.
Word forms
| plural | dynamic economies |
|---|
Common combinations
- a dynamic economy
- A dynamic economy needs flexible labor markets.
- a highly dynamic economy
- The region has a highly dynamic economy driven by technology.
- create a dynamic economy
- Reforms aim to create a dynamic economy.
- the dynamic economy of
- The dynamic economy of the 1990s lifted millions out of poverty.
Synonyms and how they differ
- vibrant economy
- Similar, but 'vibrant' emphasizes lively activity and often a positive, exciting feel, while 'dynamic' stresses change and adaptability.
- fast-growing economy
- Focuses specifically on speed of growth, whereas 'dynamic' can include innovation and flexibility even without rapid growth.
- robust economy
- Suggests strength and ability to withstand shocks, not necessarily constant change or new activity.
Opposites
Word family
- dynamism noun
- The quality of being full of energy and new ideas.
- dynamic adjective
- Full of energy, new ideas, or constant change.
- dynamically adverb
- In a way that is full of energy or constant change.
Commonly confused: dynamic economy or dynamite economy?
dynamic economy vs dynamite economy
Not a real phrase; 'dynamite' means explosive or, informally, excellent. It does not describe an economy's structure.
Practice
Which sentence uses 'dynamic economy' correctly?
Choose one answer.
Choice 2 correctly describes a whole economy that changes and creates new activity. Choice 1 is wrong because 'dynamic economy' refers to a country or region, not a single company. Choice 3 is nonsense because cars do not have economies. Choice 4 is wrong because you study economics or an economy, not 'a dynamic economy' as a subject.
Make it your own
Write a sentence using “dynamic economy”, then check it and compare it with the examples above.