economic consequence

USAGE SUMMARY

The phrase "economic consequence" is correct and usable in written English.
It can be used when discussing the financial or economic effects resulting from a particular action, event, or policy. Example: "The new tax policy will have significant economic consequences for small businesses across the country."

✓ Grammatically correct

News & Media

Science

Encyclopedias

Human-verified examples from authoritative sources

Exact Expressions

51 human-written examples

"I understand their business and it's of no economic consequence".

The New York Times

But what is, in your view, the long-range economic consequence of that attack?

The New Yorker

It seems that people's emotional involvement is not without economic consequence.

The New Yorker

The most obvious economic consequence of the election is that these are 'oil men'.

The Guardian - Business

For any country, however, the presence or absence of oil has a major economic consequence.

Encyclopedia Britannica

The diverted life plans of families like the Petruccis are an unintended economic consequence of the nation's sprawling 401(k) plans.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

9 human-written examples

Consequently, the economic consequences of overweight and obesity are high.

BMC Public Health

The economic consequences are grave.

The Economist

Each scheme has economic consequences.

Encyclopedia Britannica

That could have economic consequences.

The Economist

These political rights have economic consequences.

The New York Times

Expert writing Tips

Best practice

When discussing the broader societal effects of an event or policy, use "economic consequence" to highlight the direct financial and economic impacts on individuals, businesses, or economies.

Common error

Avoid using "economic consequence" when the impact is primarily social, political, or environmental. While these areas can have economic effects, "economic consequence" should be reserved for direct financial or economic results.

Linguistic Context

The phrase "economic consequence" functions as a noun phrase, typically acting as the subject or object of a sentence. It signifies the financial or monetary result stemming from a particular event, decision, or situation. Ludwig confirms its grammatical correctness.

Expression frequency: Common

Frequent in

News & Media

38%

Science

34%

Encyclopedias

8%

Less common in

Formal & Business

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "economic consequence" is a common and grammatically correct noun phrase used to describe the financial or monetary result of an event or decision. As Ludwig indicates, it is widely used across various reputable sources, including news media, scientific publications, and encyclopedias. The phrase serves to highlight the tangible financial impact related to specific actions or conditions. While alternatives such as ""financial implication"" or ""economic impact"" may be used, "economic consequence" is most appropriate when focusing on the direct financial outcomes. It's important to reserve its usage for instances where the primary impact is indeed financial or economic, rather than social or political.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

financial implication

Focuses more specifically on the financial aspect of the consequence.

fiscal impact

Emphasizes the effect on government finances or fiscal policy.

economic impact

A broader term that encompasses all economic effects, not just consequences.

monetary ramification

Highlights the monetary aspect and suggests a more far-reaching effect.

financial fallout

Implies a negative financial consequence, often as a result of a crisis.

economic repercussion

Suggests a more indirect or delayed economic effect.

cost implication

Focuses specifically on the cost-related consequences.

budgetary effect

Relates specifically to the impact on a budget.

commercial outcome

Refers to the result or effect in a commercial context.

market impact

Specifically relates to the effect on the market.

FAQs

How can I use "economic consequence" in a sentence?

You can use "economic consequence" to describe the financial impact of an event or decision. For example, "The "economic consequences of" the new policy are still being evaluated."

What are some alternatives to "economic consequence"?

Some alternatives include "financial implication", "economic impact", or "fiscal impact" depending on the context.

What is the difference between "economic consequence" and "economic impact"?

"Economic consequence" usually refers to the direct, often negative, financial result of something, whereas ""economic impact"" is broader and can encompass both positive and negative effects.

Is it correct to say "economical consequence" instead of "economic consequence"?

No, "economical consequence" is not a standard or correct phrase. The correct term is "economic consequence", which refers to the financial results or effects of something.