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Quick answer
"Económico" is an adjective which is often translated as "economic", and "político" is an adjective which is often translated as "political". Learn more about the difference between "económico" and "político" below.
An adjective is a word that describes a noun (e.g. the big dog).
1. (related to economy)
a. economic
Durante la crisis económica, tuve que vender mi carro y mi casa.During the economic crisis, I had to sell my car and my house.
2. (low-priced)
a. cheap
Esta carne picada es económica, pero contiene más grasa.This ground beef is cheap, but it has more fat.
b. economical
Me alcanzó para comprar un frigorífico pequeño y económico.I could only afford a small, economical fridge.
c. inexpensive
El hotel es viejo pero económico, y queda cerca de la playa.The hotel is old but inexpensive, and it's located near the beach.
d. low-cost
Voy a volar a Londres en una aerolínea económica.I'm flying to London with a low-cost airline.
3. (related to money)
a. financial
La pareja no dejó que los problemas económicos afectaran a su matrimonio.The couple didn't let financial problems affect their marriage.
4. (cost-effective)
a. economical
Compré un acondicionador de aire que usa un 20% menos de energía que el anterior.I bought an economical air conditioner that uses 20% less energy than the old one.
5. (sparing)
a. thrifty
Ruy es económico y siempre compra las marcas más baratas.Ruy is thrifty and always buys the cheapest brands.
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An adjective is a word that describes a noun (e.g. the big dog).
1. (related to politics)
a. political
Se necesitan líderes políticos que sepan administrar la economía.We need political leaders who know how to manage the economy.
2. (diplomatic)
a. tactful
Alicia es muy política y paciente, y siempre piensa en los sentimientos de los demás.Alicia is very tactful and patient, and always thinks about other people's feelings.
3. (via marriage)
a. by marriage
Carlos es mi tío político.Carlos is my uncle by marriage.
b. in-law
Sandra salió a cenar con sus hermanas políticas.Sandra went out for dinner with her sisters-in-law.
This means that the noun can be masculine or feminine, depending on the gender of person it refers to (e.g. el doctor, la doctora).
4. (profession)
a. politician
Aunque los políticos tienen fama de ser corruptos, la mayoría solo quieren mejorar las condiciones para todos.Even though politicians have a reputation for being corrupt, the majority just want to improve conditions for everyone.
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