economy
- noun
- /ɪˈkɒnəmi/
- Adopting a more efficient economy in our daily routines can help reduce unnecessary expenditure.
- fuel economy
- principle of economy
- economy of energy
When you have more experience, you can have a better economy of your work.
- When you have more experience, you can have a better economy of your work.
Examples
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The government is promoting an economy that minimizes waste and maximizes efficiency in public spending.
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When you have more experience, you can have a better economy of your work.
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Instead of an economy of scale, we might have an economy run at human scale.
Academic text (2011) -
All of this one is bad for the real economy and for real prosperity and real living standards.
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The key is to gradually reduce the material throughout the economy, reducing energy use and pollution in the process.
Academic text (1999) -
She strives to build an economy in which all Americans can thrive.
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In 1977, President Carter proposed to stimulate the economy by providing a $50 rebate to each family.
Academic text (1990) -
To ensure sustainability, the team focused on an economy of resources during the project.
Synonyms
Careful use of money and things to avoid waste
Careful use of money and things to avoid waste
An old word for careful use of money to save and avoid waste
Careful use of money and things to avoid waste
The act of reducing spending and using resources better to save money
Antonyms
Compounds
- Specialized
A system where people and businesses buy and sell goods and prices are set by supply and demand
- Specialized
Study of how governments and policies affect making, sharing, and using things and services
An economic system where private people or companies own businesses and try to make money
- Specialized
A system where both private companies and the government own and run businesses
A system where the state or community owns major businesses and resources instead of private owners
- Specialized
Hidden business activity not recorded by the government, like unreported cash sales or illegal trade
A system where the government controls what is made, how goods are shared, and their prices
- Specialized
A system where the government decides prices and directs goods and investment
- Specialized
An economy where the government decides what is made and sets prices instead of markets
A major book by Karl Marx about how capitalism works
- Specialized
An economy where businesses operate with little government control
- Texting
A digital system that gives tokens for actions and lets users trade or spend them for services
- Specialized
A system that gives tokens for good behavior and lets people exchange them for rewards
How Economical
Surface Forms
Etymology
Economy comes from the Greek word oikonomia, made of oikos 'house' and nomos 'management'. So an economy of words or space is like running a house well, meaning you use things carefully and avoid waste.