Economic relates to the economy:
- Another economic crisis is looming in North America.
- The government’s economic plan emphasized job creation.
In contrast, economical refers to a person who is thrifty or to a machine or process which is efficient, avoids waste, etc.
- Lou is very economical; he finds many ways to save.
- Maya’s movements are economical of time and energy.
- Small cars are economical to run, considering the cost of fuel and insurance.
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