economically important

USAGE SUMMARY

The phrase "economically important" is correct and usable in written English.
You can use it to describe something that has a significant economic impact, such as a new policy or resource. For example, "The new oil reserve is economically important, as it promises a long-term source of energy for the region."

✓ Grammatically correct

Encyclopedias

Science

News & Media

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

(Real Time Economics) Why cities are so economically important.

The Economist

Fishing is economically important.

Encyclopedia Britannica

Dairying is also economically important.

Encyclopedia Britannica

Tourism is also economically important.

Encyclopedia Britannica

Tourism is economically important today.

Encyclopedia Britannica

Lumbering is also economically important.

Encyclopedia Britannica

Skunks: so quiet, so economically important.

The New Yorker

Sawmilling and dairying are also economically important.

Encyclopedia Britannica

Commercial poultry farming is also economically important.

Encyclopedia Britannica

The film industry is also economically important.

Encyclopedia Britannica

Several members of Araliaceae are economically important.

Encyclopedia Britannica

Expert writing Tips

Best practice

To enhance the phrase's impact, quantify the economic importance whenever possible. For instance, "Renewable energy is increasingly economically important, contributing billions to the national GDP annually."

Common error

Avoid using "economically important" as a generic filler. Always provide context or details about why something is economically important. Saying something is "economically important" without further explanation provides little value to the reader. Instead provide the reasoning behind.

Linguistic Context

The phrase "economically important" functions as an adjective phrase, modifying a noun to indicate its significance in terms of economic impact or value. As Ludwig AI confirms, this phrase is both correct and usable, highlighting its role in attributing economic relevance.

Expression frequency: Very common

Frequent in

Encyclopedias

31%

Science

27%

News & Media

15%

Less common in

Wiki

5%

Formal & Business

3%

Academia

3%

Ludwig's WRAP-UP

In summary, the phrase "economically important" is a versatile and frequently used adjective phrase. It is grammatically correct and functions to highlight the economic value or impact of a subject. The phrase sees common usage across Encyclopedias, Science and News & Media, with use cases spanning diverse contexts from tourism to specific species. As confirmed by Ludwig AI, this phrase is appropriate for formal and neutral contexts, and its meaning can be further enhanced by specifying the affected sector or quantifying the economic impact.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

financially significant

Focuses specifically on the monetary aspect of importance, rather than broader economic implications.

commercially valuable

Highlights the value of something in terms of trade and profit.

of economic consequence

More formal phrasing that emphasizes the resulting impact on the economy.

vital to the economy

Emphasizes the necessity of something for the economy's survival or proper functioning.

key to economic growth

Highlights the role of something in fostering economic expansion.

central to financial stability

Highlights the importance for stability.

a major economic driver

Focuses on the role of something as a force behind economic activity.

substantial economic impact

Highlights the effect something has on the economy, rather than its inherent importance.

monetarily crucial

Focuses on money with some overlap in meaning, but more technical.

business-critical

Limited to the world of business.

FAQs

How can I use "economically important" in a sentence?

You can use "economically important" to describe anything that significantly contributes to the economy, such as "Agriculture is an "economically important" sector in many developing countries".

What are some synonyms for "economically important"?

Alternatives include "financially significant", "commercially valuable", or "vital to the economy", depending on the specific nuance you want to convey.

Is it better to say "economically important" or "financially important"?

"Economically important" has a broader scope, referring to overall economic impact, while "financially important" focuses specifically on monetary value. Use the phrase that best fits the context.

What makes something "economically important"?

Something is "economically important" if it significantly contributes to a country's or region's wealth, employment, trade, or overall economic stability.