Foundational Economy

C1 16+
  • Frequency of Use
    20 %
  • Retention Rate
    65 %
  • Complexity
    70 %
  • Foundational Economy Meanings

    noun A person, place, thing, or idea. In this case, 'economy' refers to the system of production, distribution, and consumption of goods and services in a society.

    adjective Describing word that modifies a noun. In this case, 'foundational' describes the type of economy being referred to as basic or fundamental.

    Fields related to foundational economy

    Urban Planning

    Considering the foundational economy is important when planning for sustainable and equitable development in urban areas.

    Sociology

    The foundational economy plays a crucial role in shaping social structures and inequalities within a society.

    Economics

    The foundational economy refers to the essential goods and services that are necessary for a functioning society, such as healthcare, education, and food production.

    Public Policy

    Policies aimed at supporting and strengthening the foundational economy can help ensure the well-being of all members of society.

    Occupation Usage of foundational economy

    Writer

    The term 'foundational economy' may be used by writers in articles, reports, or books discussing economic theories, policies, or practices that focus on the importance of essential goods and services in a society.

    Psychologist

    Psychologists may use the concept of 'foundational economy' in research or discussions related to the impact of economic conditions on mental health, well-being, and behavior of individuals or communities.

    Economist

    Economists may analyze and study the foundational economy to understand its role in shaping overall economic stability, growth, and development in a country or region.

    Policy Analyst

    Policy analysts may consider the foundational economy when evaluating or recommending policy measures aimed at promoting equitable access to essential goods and services for all members of society.

    Urban Planner

    Urban planners may incorporate the principles of foundational economy into their designs and strategies to ensure that cities and communities have sustainable access to critical services and resources.

    Consolidated Statistics about foundational economy

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