No. 2,543 in German
volkswirtschaft
"Volkswirtschaft" means "national economy" in English.
In a sentence
Die Volkswirtschaft eines Landes beeinflusst seine Entwicklung.
The economy of a country influences its development.
Here, 'Volkswirtschaft' refers to the entirety of a country's economic system and activities.
Er studiert Volkswirtschaft an der Universität.
He studies economics at the university.
In this usage, 'Volkswirtschaft' denotes the academic field of economics.
Die Maßnahmen der Regierung hatten nachhaltige Auswirkungen auf die Volkswirtschaft.
The government's measures had lasting impacts on the national economy.
Here, 'Volkswirtschaft' is used to mean the overall economic conditions and system of a nation affected by policy.
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