1. a remedy or solution for all difficulties or diseases; a cure-all

Examples

• The politician promised that his economic plan would be a panacea for all the country’s problems.
• There is no panacea for poverty; it requires multiple approaches to address.
• Some people mistakenly view technology as a panacea for educational challenges.
• The ancient alchemists searched for a panacea that could cure any illness.
• Exercise is beneficial for health, but it’s not a panacea for every medical condition.
• The new policy was marketed as a panacea, but it only solved some of the issues.