Economic Benefit in a sentence
Synonym: advantage, gain. Antonym: loss
Meaning: The advantage gained from an economic activity; often measured in terms of profit or utility.
(1) The tourism industry provides a major economic benefit to many countries.
(2) The creation of new jobs is a significant economic benefit for any community.
(3) The economic benefit of investing in renewable energy sources is evident in reduced energy costs.
(4) The consumer surplus is a measure of the economic benefit that consumers receive from a purchase.
(5) The economic benefit of promoting international trade is increased market access and export opportunities.
(6) The city's malinvestment in a sports stadium left taxpayers with a hefty bill and little economic benefit.
(7) The economic benefit of promoting entrepreneurship is the creation of new businesses and job opportunities.
(8) The construction of new infrastructure projects can provide an economic benefit by stimulating local businesses.
(9) The economic benefit of promoting small businesses is the creation of jobs and increased local economic activity.
(10) The economic benefit of investing in infrastructure projects is increased productivity and improved connectivity.
Economic Benefit sentence
(11) The economic benefit of investing in workforce development programs is a more skilled and productive labor force.
(12) The economic benefit of promoting clean transportation options is reduced fuel consumption and improved air quality.
(13) The economic benefit of promoting tourism is increased visitor spending and job creation in the hospitality industry.
(14) The economic benefit of investing in renewable resources is a reduced reliance on fossil fuels and lower energy costs.
(15) The economic benefit of promoting innovation is the development of new products and services that drive economic growth.
(16) The economic benefit of improving transportation infrastructure is increased efficiency and reduced costs for businesses.
(17) The economic benefit of investing in early childhood education is improved educational outcomes and reduced social costs.
(18) The economic benefit of promoting cultural heritage tourism is increased visitor spending and preservation of local traditions.
(19) The economic benefit of implementing sustainable practices in agriculture includes reduced input costs and increased productivity.
Economic Benefit meaning
Economic benefit is a term that refers to the positive impact that an action or decision has on the economy. It is a crucial concept in business and government, as it helps to determine the value of investments, policies, and projects. In this article, we will provide tips on how to use the phrase "economic benefit" in a sentence.
1. Define the context: Before using the phrase "economic benefit" in a sentence, it is important to define the context in which it is being used.
For example, if you are discussing a new government policy, you may want to explain how it will provide economic benefits to the country.
2. Use it in a positive context: The phrase "economic benefit" is typically used in a positive context, so it is important to use it in a way that highlights the positive impact of a decision or action.
For example, you could say, "The new infrastructure project will provide significant economic benefits to the local community."
3. Be specific: When using the phrase "economic benefit," it is important to be specific about the benefits that are being discussed.
For example, you could say, "The new tax policy will provide economic benefits in the form of increased investment and job creation."
4. Use it in a comparative context: The phrase "economic benefit" can also be used in a comparative context, where it is compared to other options or decisions.
For example, you could say, "The decision to invest in renewable energy will provide greater economic benefits than continuing to rely on fossil fuels."
5. Use it in a persuasive context: The phrase "economic benefit" can be a powerful tool in persuasive writing or speaking.
For example, you could say, "Investing in education provides significant economic benefits in the form of increased productivity and innovation."
6. Use it in a factual context: When using the phrase "economic benefit," it is important to provide factual evidence to support your claims.
For example, you could say, "Studies have shown that investing in public transportation provides significant economic benefits in the form of reduced traffic congestion and increased productivity."
In conclusion, the phrase "economic benefit" is a powerful tool in business and government, and it is important to use it effectively in order to communicate the positive impact of decisions and actions. By defining the context, using it in a positive and specific way, comparing it to other options, using it persuasively, and providing factual evidence, you can effectively communicate the economic benefits of a decision or action.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Economic Benefit. They do not represent the opinions of TranslateEN.com.