Definition
Something uneconomical isn't a good use of resources, especially money πΈ. It's wasteful and doesn't provide good value in return. Think of it as buying something super expensive that breaks after a day β not very economical! It implies a lack of efficiency and practicality. Essentially, it's the opposite of being thrifty or budget-conscious. Using a private jet for a short trip is uneconomical; a regular flight would be wiser. It's similar to overspending when a cheaper alternative would do.