Adjective describing a focus or preference for financial considerations in decision-making processes or policy formulations. It implies that economic factors take precedence over other aspects, such as social, environmental, or ethical issues. This approach often affects budgeting, resource allocation, and strategic planning within organizations or governments.
Monetary-prioritized meaning with examples
- The government's monetary-prioritized approach to infrastructure projects led to the neglect of important social services that many communities rely on, raising concerns about equity and access.
- In the corporate sector, a monetary-prioritized strategy can result in increased profits but may simultaneously compromise employee well-being and job satisfaction due to budget cuts.
- Critics argue that a monetary-prioritized education system fails to address the diverse needs of students, as standardized testing and funding are disproportionately focused on measurable financial outcomes.
- The city council adopted a monetary-prioritized policy when deciding on the new park's funding, ultimately choosing a design that maximized revenue from commercial activities rather than prioritizing public accessibility or environmental impact.