economic problem

USAGE SUMMARY

The phrase "economic problem" is correct and usable in written English.
It can be used to refer to issues related to the allocation of resources, scarcity, and choices in economics. Example: "The economic problem arises when resources are limited while human wants are unlimited."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

59 human-written examples

What is the real economic problem?

The New York Times

The ZLB is not an economic problem.

The Economist

It is also a continuing economic problem.

The New York Times

Foolish optimism solves a basic economic problem.

The New York Times

They don't have an economic problem.

The Guardian - Opinion

"It's an economic problem," he said.

The New York Times

"This is not an economic problem.

The New York Times

Welfare tourism is not a big economic problem.

The New York Times

Which reflects the depth of America's economic problem.

The New York Times

"This is a political problem, not an economic problem.

The New York Times

Unemployment remains the biggest economic problem and catalyst for unrest.

The New York Times

Expert writing Tips

Best practice

When discussing "economic problems", be specific about the type and scope of the issue. For example, instead of just saying "economic problem", specify if it's related to unemployment, inflation, or a specific industry.

Common error

Avoid using "economic problem" as a vague term. Provide context and details to clarify the nature and impact of the issue. Instead of "The country is facing an economic problem", say "The country is facing an economic problem due to rising inflation and unemployment".

Linguistic Context

The phrase "economic problem" functions primarily as a noun phrase, acting as the subject or object within a sentence. It identifies an issue or situation related to economic activity or conditions. As Ludwig AI confirms, it correctly highlights a problem that affects the economy.

Expression frequency: Very common

Frequent in

News & Media

42%

Science

28%

Formal & Business

15%

Less common in

Encyclopedias

5%

Reference

5%

Wiki

0%

Ludwig's WRAP-UP

The phrase "economic problem" is a common and grammatically sound term used to describe challenges related to the allocation of resources and economic activities. Ludwig AI confirms its usability and correctness. It is prevalent in news, scientific, and formal business contexts, indicating its broad applicability. While the phrase is generally accepted, it's important to provide specific details about the nature of the problem to avoid vagueness. Related phrases include "economic dilemma" and "economic hardship", offering alternative ways to express similar concepts with slightly different nuances. As exemplified by Ludwig, the phrase serves primarily to describe and analyze difficulties within the economic sphere.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

economic dilemma

Focuses on the challenging decision-making aspect of economic issues.

economic hardship

Emphasizes the difficulties and suffering caused by economic issues.

economic challenge

Highlights the difficulty in overcoming economic obstacles.

economic difficulty

A general term indicating trouble within the economic sphere.

economic woe

Conveys a sense of distress or misfortune related to the economy.

financial crisis

Refers to a specific type of severe economic problem.

fiscal imbalance

Indicates a problem with government revenues and expenditures.

market failure

Describes a situation where the market does not efficiently allocate resources.

resource scarcity

Points to the fundamental economic problem of limited resources.

trade deficit

Indicates an imbalance in a country's imports and exports.

FAQs

What does "economic problem" mean?

The "economic problem" refers to the fundamental issue of scarcity, where limited resources must meet unlimited wants and needs.

What are some common examples of an "economic problem"?

Common examples include inflation, unemployment, poverty, and "resource scarcity".

How is an "economic problem" different from a "political problem"?

An "economic problem" relates to the production, distribution, and consumption of goods and services, while a "political problem" concerns governance and power structures.

What can I say instead of "economic problem"?

You can use alternatives like "economic dilemma", "economic challenge", or "economic hardship", depending on the context.