die Wirtschaft
Translation
economy, business, industry, tavern
Examples
Die deutsche Wirtschaft wächst.
The German economy is growing.
Er arbeitet in der freien Wirtschaft.
He works in the private sector.
Wir gehen in die Wirtschaft nebenan.
We're going to the tavern next door.
Grammar Patterns
the economy ((of a country)) the economy of Germany
to work ((in business/the private sector)) to work in the private sector
Similar Words
Synonyms: die Ökonomie, die Konjunktur (economy); die Gaststätte, die Kneipe (tavern)
Etymology
From Old High German 'wirt' (host) and the suffix '-schaft' (denoting a collective). Originally meant 'household management'.
Memory Tips
A country's 'household management' is its economy. A 'Wirt' (host/innkeeper) runs a 'Wirtschaft' (tavern).