'Economy' 'Economical' 'Economic' - The Difference and Exercises

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Last Updated on September 10, 2025

These three words are often confused and are frequently used in the task 1 and 2.

Here is an explanation of the differences:
 
🔸Economy (noun) = The relationship between trade, production, and money within a country or region  “Italy’s economy has slowed down recently”

🔸Economic (adj) = This relates to the economy “India’s economic situation is improving”

🔸Economical (adj) = Good value/Can save money “It is more economical to ride a bicycle”

Economy Economical Economic

1 / 20

 

Exercise 1:

Which word is correct?

The world's top 20 ____________  should provide more financial help and assistance to developing nations.

2 / 20

The __________  outlook of a large number of nations could suffer because of climate change.

3 / 20

An increase in tourism and development could significantly help the city's _________.

4 / 20

Due to higher childcare costs, a large number of families often find it more _________ to have one parent stay at home and look after children.

5 / 20

In conclusion, even though most people believe it is more _________ to use public transport, I think many individuals will always prefer to have a private car.

6 / 20

It is understandable why a large number of people believe the worldwide ________ forecast is not positive.

7 / 20

In today's _______, a majority of small business owners often find it hard to get a loan from a bank.

8 / 20

Having an active ________ is extremely beneficial for a nation because it provides stability and hope for most citizens and businesses.

9 / 20

Due to war and an overall increase in unemployment, the worldwide ___________  situation seems uncertain to large number of people.

10 / 20

Generally, Africa's  __________ has steadily grown over the last two decades.

11 / 20

Plenty of individuals prefer to take public transport because it is more  ____________ for them.

12 / 20

During the Covid pandemic, the __________ in most countries experienced a dramatic drop.

13 / 20

India is one of the fastest growing __________ in Asia at present.

14 / 20

China's ________ rose  dramatically between 2004 and 2015, but then levelled off afterwards.

15 / 20

Therefore, I believe it is clear to understand why a great number of people believe electric cars are more ___________ in the long term even though the initial cost is high.

16 / 20

Despite bad _________ conditions, people still need to enjoy themselves and have a social life.

17 / 20

The current __________  climate has made plenty of individuals think about alternative ways to save money and energy.

18 / 20

Overall, European and Asian _________ rose from 1980 to 1990 whereas the South American economy slightly fell.

19 / 20

The Japanese ________experienced a significant decrease after the tsunami and earthquake of 2011.

20 / 20

Many countries are experiencing an _________  downturn due to political uncertainty.

Your score is

The average score is 23%

0%

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