economic viability

USAGE SUMMARY

The phrase 'economic viability' is correct and usable in written English.
You can use it to refer to the ability of an individual, business, or an organization to generate enough profits to remain financially stable. For example, "The company's commitment to sustainability has increased its economic viability over the years."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

Its economic viability depends on it.

The New York Times

But its economic viability, integrity and universality are not guaranteed.

The Guardian

Affordable housing is also critical for the region's economic viability.

The New York Times

"The economic viability of our county is being threatened".

The New York Times

The economic viability of nuclear power is no more encouraging.

The New York Times

"Transportation is the cornerstone of the economic viability of the state," Mr. DeCroce said.

The New York Times

Today, the mayor said, the focus of the village's struggles is maintaining economic viability.

The New York Times

Small and medium-size growers are beginning to question the economic viability of the crop.

The New York Times

There are a serious challenges facing the Royal Mail in terms of its economic viability.

The Guardian

The economic viability of local and regional newspapers is under very real and imminent threat.

The Guardian

If we don't increase our economic viability, we can't put more dollars into services".

The New York Times

Expert writing Tips

Best practice

When discussing projects or policies, use "economic viability" to emphasize the long-term financial sustainability and potential for success.

Common error

Don't assume that short-term profitability guarantees "economic viability". Viability considers long-term financial health, resilience to market changes, and overall sustainability, not just immediate gains.

Linguistic Context

The phrase "economic viability" functions as a noun phrase, typically serving as the subject or object of a sentence. It identifies a condition or state related to the financial sustainability of an entity, as supported by Ludwig.

Expression frequency: Very common

Frequent in

Science

31%

News & Media

57%

Formal & Business

12%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "economic viability" is a commonly used phrase that assesses the financial sustainability and feasibility of projects, businesses, or policies. As Ludwig AI confirms, it's grammatically correct and adaptable to various contexts, including news, science, and formal communications. To ensure clear communication, distinguish between short-term profitability and long-term viability, and consider the broader implications beyond immediate gains. Common alternatives include “financial sustainability” and “fiscal soundness”. This term appears frequently in authoritative sources such as The New York Times and The Guardian.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

financial sustainability

Focuses more on the long-term financial health and ability to maintain resources.

fiscal soundness

Implies a stable and healthy financial condition, often in the context of government or organizational finances.

profitability

Highlights the ability to generate profit, a key component of economic viability.

commercial feasibility

Emphasizes the practicality and potential success of a business venture.

economic sustainability

Suggests the capacity to maintain economic activity over time without depleting resources.

long-term economic outlook

Shifts the focus to future economic prospects and conditions.

market viability

Highlights the capacity of a product or service to succeed in the marketplace.

business case

Refers to the justification for a proposed project or undertaking from a financial perspective.

return on investment

Highlights the profits generated from invested capital.

revenue generation

Focuses specifically on the ability to create income.

FAQs

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

You can use "economic viability" to discuss the feasibility and sustainability of a project, business, or policy. For example, "The government is studying the "economic viability" of the proposed infrastructure project".

What are some alternatives to "economic viability"?

Alternatives include "financial sustainability", "fiscal soundness", and "profitability", depending on the specific context.

What factors influence the "economic viability" of a business?

Factors include revenue generation, cost management, market demand, and the ability to adapt to changing economic conditions. All contribute to the long-term "economic sustainability" and "economic viability" of a business.

How does "economic viability" differ from profitability?

"Economic viability" is a broader concept encompassing long-term sustainability and resilience, while profitability refers specifically to the ability to generate profit. A business can be profitable in the short term but lack long-term "economic viability".