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economy-wide

UK[ɪˈkɒnəmiˌwaɪd]US[ɪˈkɑːnəmiˌwaɪd]
adj

Relating to or affecting an entire economy.

Morpheme Breakdown

economy
wide
economy

economic system

wide

extending across

Etymology

The term is a modern English compound adjective, formed by directly combining the noun "economy" with the adjective "wide." The noun "economy" originates from the Greek oikonomia, meaning "household management," which itself derives from oikos (house) and nomos (law, custom). Over centuries, its meaning expanded from domestic stewardship to the management of a community's or nation's resources. The Old English adjective "wide," meaning "of great extent," comes from the Proto-Germanic wīdaz. The compound "economy-wide" logically follows the transparent pattern of English compounding, where "wide" specifies the comprehensive scope of application, thus creating a term that denotes something encompassing all sectors of a national or regional economic system.

Analysis

Structure: economy (economic system) + wide (extending across) - economy: From Greek oikonomia via Latin and French. In this compound, it functions as the base noun specifying the domain. - wide: From Old English wīd. In this compound, it functions as an adjective meaning "extending over the whole of."

Examples

The policy is designed to have an economy-wide impact.

They are forecasting economy-wide growth of three percent this year.

The shock triggered an economy-wide recession.

economy-wide – Meaning, Etymology & Word Origin | OpenEtymology