thriving economy

Meanings

• noun

  An economy that is prospering and growing, with low unemployment, high productivity, and rising living standards.

  - "The city's thriving economy attracts businesses and talent from around the world."
  - "Despite facing numerous challenges, the country's economy continues to be a thriving one."

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Variants

List of all variants of thriving economy that leads to same result
thriving , thrivingly , thrive , thrived , thriven , thriver , thrivers , thrives , throve , thrive on , thrived on , thriven on , thrives on , thriving on , throve on

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Etymology

origin and the way in which meanings have changed throughout history.

The term 'thriving' comes from the Old English word 'thrivan', meaning 'to prosper' or 'to grow'. The term 'economy' comes from the Greek word 'oikonomia', meaning 'management of a household'.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. Did you know that the world's largest economy by nominal GDP is the United States, while the largest economy by purchasing power parity is China?

2. The term 'thriving economy' was first used in the context of economic development in the 1950s and 1960s, during the era of post-World War II reconstruction and growth.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Prosperity: Refers to the state of flourishing or successful condition of a country or society, often measured by economic indicators such as Gross Domestic Product (GDP) and per capita income.

2. Development: Refers to the process of improving the economic, social, and political conditions of a country or society, often measured by indicators such as Human Development Index (HDI) and Gross National Happiness (GNH).

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

The concept of a thriving economy has been a subject of interest in various fields, including economics, politics, and sociology. It is often associated with the idea of a prosperous and stable society, where people have access to basic necessities and opportunities for growth and development.

How to Memorize "thriving economy"

1. visualize
   

   - Visualize a vibrant and bustling city with people going about their daily business, businesses thriving, and a sense of optimism and progress in the air.

2. associate
   

   - Associate the term 'thriving economy' with the image of a healthy tree, with strong roots, plenty of sunlight, and ample water.

3. mnemonics
   

   - Remember the acronym 'TREES' to remember the definition of a thriving economy: 'T' for Thriving, 'R' for Robust, 'E' for Economy, 'E' for Expanding, and 'S' for Successful.

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