Economically means in a way that relates to money, resources, and how they're used or managed. When a country is doing well economically, its businesses are thriving and people generally have jobs and can afford what they need. When a family makes decisions economically, they're thinking carefully about how to spend their money wisely.

The word often describes efficiency: doing something economically means doing it without wasting resources. A car that runs economically uses less gas to travel the same distance. A writer who expresses ideas economically uses fewer words to say the same thing, without rambling or repeating.

You might hear adults discuss whether something makes sense economically, meaning they're weighing the costs and benefits. Building a new park might be wonderful for a community, but if the town can't afford to maintain it, the project doesn't work economically. The word helps us think about the practical side of decisions: not just what we want to do, but what we can realistically afford or sustain with the resources we have.