Meaning of the word "economic well-being" in English
What does "economic well-being" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
economic well-being
US /ˌiːkəˈnɑːmɪk ˈwelˌbiːɪŋ/
UK /ˌiːkəˈnɒmɪk ˈwelˌbiːɪŋ/
Noun
the level of prosperity and quality of living standards in an economy, often measured by factors such as income, employment, and access to goods and services
Example:
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The government aims to improve the economic well-being of its citizens.
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Education plays a crucial role in enhancing an individual's economic well-being.