Economically Meaning
Economically Definition & Usage
In a way that relates to the use or management of resources, especially money, in an efficient and cost-effective manner.
Examples
- "The company managed to produce the product economically by reducing waste and optimizing its supply chain."
- "We need to think about how we can live more economically by cutting down on unnecessary expenses."
- "She redecorated the apartment economically, using budget-friendly materials and DIY techniques."
- "To stay competitive, they started using energy economically, lowering their production costs significantly."
- "They built their house economically, using local materials and minimizing construction expenses."
In a way that is beneficial or sustainable for the economy, society, or environment.
Examples
- "The government is investing in projects that will help the country grow economically over the next decade."
- "The city is focusing on developing economically viable public transportation systems."
- "By promoting green energy, we can develop economically without harming the environment."
- "They implemented policies that helped the rural area grow economically by encouraging small businesses."
- "The company's new approach aims to support the community economically by creating more local jobs."
Cultural Context
Economically is often used in discussions about efficiency, resource management, and sustainable development. It reflects a growing emphasis on environmental consciousness, as well as the broader idea of managing resources to ensure long-term success.
The Green Startup
Story
The Green Startup
David had always been passionate about the environment, and when he founded his own startup, he was determined to run it as economically as possible. He started by sourcing raw materials locally, reducing shipping costs and carbon emissions. His team brainstormed ways to minimize waste in the production process, and with some clever redesigning, they were able to cut down on excess packaging. David also ensured that the company used energy economically, opting for solar panels and energy-efficient machinery. Within a few years, the company grew economically, providing not only profits but also a positive impact on the local community. David knew that by managing resources wisely, both in terms of money and environmental impact, he could build a successful business that would last for generations. His story became a model for others in the industry who were looking to grow sustainably, economically, and with purpose.
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