economic well-being

Meaning

1. 1noununcountableformal

   The state of having enough money, work and resources to live securely and comfortably, applied to a person, family or country.

   Grammar: Has no plural and no article: economic well-being has improved.

   Patterns

   • the economic well-being of someone
   • improve economic well-being

   The study measured the economic well-being of rural families.

   Education is closely linked to economic well-being later in life.

   Governments should look beyond growth when judging national economic well-being.

Common combinations

improve economic well-being

The program aims to improve economic well-being in poor regions.

threaten economic well-being

Rising rents threaten the economic well-being of students.

household economic well-being

Household economic well-being fell during the recession.

promote economic well-being

The council works to promote economic well-being.

Synonyms and how they differ

prosperity

It stresses wealth and success, especially of a whole society, while economic well-being includes security and basic comfort.

financial security

It focuses on being protected from money problems, and is often used about individuals.

affluence

It means a high level of wealth, which is more than the comfortable level that economic well-being suggests.

Opposites

Word family

economy noun

a country's system of money and trade

economic adjective

relating to the economy

economically adverb

in a way that relates to the economy

well-being noun

the state of being healthy and content

Commonly confused: economic well-being or economical?

Practice

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Write a sentence using “economic well-being”, then check it and compare it with the examples above.

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