economy
IPA: ɪkˈɑnʌmi
noun
- Effective management of a community or system, or especially its resources.
- (obsolete) The regular operation of nature in the generation, nutrition and preservation of animals or plants.
- (obsolete) System of management; general regulation and disposition of the affairs of a state or nation, or of any department of government.
- (obsolete) A system of rules, regulations, rites and ceremonies.
- (obsolete) The disposition or arrangement of any work.
- The study of money, currency and trade, and the efficient use of resources.
- Frugal use of resources.
- The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.
- (theology) The method of divine government of the world. (See w:Economy (religion).)
- (US) The part of a commercial passenger airplane or train reserved for those paying the lower standard fares; economy class.
- (archaic) Management of one’s residency.
adjective
- Cheap to run; using minimal resources; representing good value for money; economical.
adverb
- (US) In or via the part of a commercial passenger airplane reserved for those paying the lower standard fares.
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Examples of "economy" in Sentences
- The economy was based on the coffee.
- The basis of the economy is agriculture.
- The economy is the system of the object.
- Agriculture is the mainstay of the economy.
- Expatriates are the backbone of the economy.
- It is the powerhouse of the Albanian economy.
- The economy of the block is mainly an agrarian economy.
- In low inflationary economies it makes the economy less efficient.
- It is an indicator for the market's belief in the stability of the economy.
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