Economically-driven
Adjective used to describe decisions, actions, or policies that are primarily influenced by economic considerations. This term often applies to situations where financial feasibility, profitability, costs, and market conditions guide choices, shaping outcomes to maximize economic advantages while balancing other social or environmental factors.
Economically-driven meaning with examples
- In today's fast-paced business landscape, many companies are making economically-driven decisions that prioritize cost-efficiency and profitability over other ethical considerations, potentially jeopardizing employee welfare and environmental sustainability in the process.
- The government's economically-driven initiatives aim to stimulate job growth and reduce unemployment rates by investing in sectors that promise the highest returns, yet these policies sometimes neglect the needs of underserved communities.
- As climate change pressures mount, some environmentalists argue that ignoring economically-driven policies can detrimentally impact long-term sustainability efforts, highlighting the need for a balance between economic growth and ecological preservation.
- The shift towards economically-driven agricultural practices has led to increased productivity but raised concerns about the reduction of biodiversity, prompting debates about redefining success beyond mere financial gains.