economic well-being

noun
UK /ˌiːkəˈnɒmɪk ˌwelˈbiːɪŋ/
US /ˌiːkəˈnɑːmɪk ˌwelˈbiːɪŋ/

Having enough money to live safely and comfortably.

The new jobs improved the economic well-being of the whole town.

SYNONYMS

financial securityprosperityfinancial healthaffluence

RELATED WORDS

incomewealthstandard of livinglivelihoodpoverty

OTHER MEANINGS

2. A country's overall financial health and growth.

Economists measure the nation's economic well-being by looking at jobs and wages.

3. A family's ability to pay for its needs.

Rising food prices can hurt a family's economic well-being.

4. The money-related quality of life in a community.

Better schools and roads can boost a region's economic well-being.