economically justified

USAGE SUMMARY

'economically justified' is correct and can be used in written English.
You can use it when referring to something that is financially sensible, practical, and cost-efficient. For example, "The company decided to opt for the more expensive option, but it was economically justified in the long run."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

In order to appreciate whether or not the advancement of the new 230 kV transmission project is economically justified, the economic comparison in a form of PV calculation between both planning alternatives is required.

Journal of Modern Power Systems and Clean Energy

Economically justified, theologically justified, and monarchically justified.

Huffington Post

Bureau of Labor Statistics data on lawyer salaries is often cited to justify the assertion that law school is not economically justified based on current lawyer salaries.

The New York Times

A comprehensive process for bioethanol production from acorn starch was designed and a preliminary economic assessment was then performed revealing that this process appeared technically and economically justified.

Bioresource Technology

Only then all comprehensive management methods will be ecologically and economically justified.

Journal of Cleaner Production

Only then all management methods will be ecologically and economically justified.

Journal of Cleaner Production

Dr. Kellner said that this approach was economically justified and that it would also sidestep well-organized neighborhood opposition.

The New York Times

This system would increase water conservation greatly: once water is a commodity, its use must become economically justified.

The New York Times

I regard an expansion of the government safety net as ethically essential, economically justified, and long overdue.

The New Yorker

"There was an experiment done on flexible courts four or five years ago that found it was not economically justified.

The Guardian

Nowadays the schemes which are characterized by best using of energy resources are the only ones which are economically justified.

Journal of Natural Gas Science and Engineering

Expert writing Tips

Best practice

When arguing for a project's approval, thoroughly analyze costs and benefits to demonstrate it's "economically justified".

Common error

Avoid exaggerating potential economic gains when claiming something is "economically justified". Provide realistic, evidence-based projections.

Linguistic Context

The phrase "economically justified" primarily functions as an adjective phrase, modifying a noun to indicate that something is sensible or reasonable from a financial perspective. Ludwig provides numerous examples illustrating this usage.

Expression frequency: Very common

Frequent in

Science

43%

News & Media

40%

Formal & Business

17%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "economically justified" is a common and grammatically correct way to express that something is financially sensible and worthwhile. As confirmed by Ludwig, this phrase is widely used across various domains, including science, news, and formal business settings. When using this phrase, ensure that your claims are supported by realistic and evidence-based projections. Alternatives such as "financially viable" or "cost-effective" can be used depending on the context. Understanding the nuances of "economically justified" can significantly enhance the clarity and persuasiveness of your writing.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

economically sensible

Suggests a practical and rational economic decision.

economically viable

Focuses on the capacity to survive or succeed economically.

economically sound

Highlights the robustness and stability from an economic perspective.

financially viable

Focuses on the financial aspect of viability.

justified by its cost

Directly links the justification to the expense.

cost-effective

Emphasizes the balance between cost and effectiveness.

economically prudent

Highlights the cautious and wise use of resources.

commercially reasonable

Implies acceptability within a business context.

worth the investment

Indicates that the returns justify the financial outlay.

a good investment

Suggests potential for future financial gain.

FAQs

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

Use "economically justified" to describe decisions or projects where the financial benefits outweigh the costs. For example, "The new factory was "economically justified" due to increased production capacity".

What's a good alternative to "economically justified"?

Depending on the context, you could use phrases like "financially viable", "cost-effective", or "economically sensible".

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

"Economically justified" typically implies a broader assessment considering impacts beyond just direct finances. "Financially justified" is more narrowly focused on monetary benefits.

What does it mean for something to be "economically justified"?

It means that an action, project, or decision is reasonable from an economic standpoint, where the benefits (such as increased revenue, efficiency, or savings) outweigh the costs.