Category: EconomyPart of speech: nounDifficulty: Common

economie

/economie/Roman

English meaning: Economy

Dutch Definition

(Nederlands)

Het geheel van productie, consumptie en verdeling van goederen en diensten in een samenleving.

English Definition

The system of production and consumption of goods and services. The Netherlands is the world's 17th largest economy and Europe's 5th largest. Key sectors include logistics (Rotterdam/Schiphol hub), agriculture (world's 2nd largest food exporter after the USA — remarkable for a small country), finance, chemicals (Shell, ASML), and technology.

Example

Nederland is de vijfde grootste economie van Europa.

In English: The Netherlands is the fifth-largest economy in Europe.

Synonyms

  • markteconomie
  • volkshuishouding

Literary Heritage

De Javaan wordt mishandeld. Wie dit niet ziet is blind, of wil niet zien.

The Javanese are being mistreated. Whoever does not see this is blind, or does not wish to see.

Multatuli (Eduard Douwes Dekker) · Novelist / Essayist · 19th century

Max Havelaar

Max Havelaar, Ch. 17, on colonial economic exploitation, 1860

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Language information

Language
Nederlands
Dutch
Script
Latin
Family
Germanic
Speakers
25M
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