What are the main ways to produce new English words today?

There are several ways to generate and expand English neologisms, namely, deriving new words through word formation, borrowing foreign words, giving new meanings to old words and creating new words.

First, use word formation to derive new words. As a global language, English produces new words almost every day. The so-called word formation to derive new words is to create new words through affixes, synthesis, part-of-speech conversion and abbreviation.