Verb

wirtschaften

to manage economically, to run a business, to farm, to operate

Man muss gut wirtschaften, um Geld zu sparen.

You have to manage your finances well to save money.

Der Bauer wirtschaftet auf seinem Hof.

The farmer works his farm.

Sie hat schlecht gewirtschaftet und ist jetzt pleite.

She managed her business poorly and is now bankrupt.

((well/poorly)) to manage well/poorly He has always managed his finances well.

((with sth.)) to manage with sth. We have to manage with little money.

haushalten, verwalten, ökonomisch handeln

Derived from the noun 'Wirtschaft' (economy, household). It means 'to do economic activity'.

Imagine a 'Wirt' (innkeeper) managing his inn ('Wirtschaft'). That action is 'wirtschaften'.

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