Silver Economy

Pronunciation: /ˈsɪlvər ɪˈkɑnəmi/

Definitions of silver economy

noun a term used to describe the economic impact of the aging population, particularly in terms of consumer behavior and spending habits

Example Sentences

A1 The silver economy refers to the economic activity related to older people.

A2 Many companies are starting to focus on the silver economy by developing products and services for seniors.

B1 Governments are exploring ways to support the silver economy through policies and initiatives.

B2 The silver economy presents both challenges and opportunities for businesses looking to cater to an aging population.

C1 Experts predict that the silver economy will have a significant impact on global markets in the coming years.

C2 Investing in the silver economy requires a deep understanding of demographic trends and consumer behavior among older adults.

Examples of silver economy in a Sentence

formal The silver economy refers to the economic activity generated by the elderly population.

informal The silver economy is all about older folks making money and spending it.

slang The silver economy is where the oldies hustle and flow.

figurative Like a shining silver coin, the silver economy represents the wealth and spending power of the elderly.

Grammatical Forms of silver economy

• plural: silver economies
• comparative: more silver
• superlative: most silver
• present tense: silver economy
• future tense: will be a silver economy
• perfect tense: has been a silver economy
• continuous tense: is being a silver economy
• singular: silver economy
• positive degree: silver economy
• infinitive: to be a silver economy
• gerund: silver economy-ing
• participle: silver economy-ed

Origin and Evolution of silver economy

First Known Use: 1990 year

Language of Origin: Japanese

Story behind the word: The term 'silver economy' originated in Japan in the late 20th century.

Evolution of the word: Originally used to refer to the economic impact of the aging population, the term 'silver economy' has evolved to encompass the market opportunities and challenges associated with the consumption patterns of older adults.