Meaning of the word thriving in English

What does thriving mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

thriving

US /ˈθraɪ.vɪŋ/
UK /ˈθraɪ.vɪŋ/
"thriving" picture

Adjective

prosperous and growing; flourishing

Example:
The local economy is thriving, with new businesses opening every month.
Despite the challenges, the small community garden is thriving.