economy
noun
[ ɪˈkɒnəmi ]
• the state of a country or region in terms of the production and consumption of goods and services and the supply of money.
• "he favours tax cuts to stimulate the economy"
Similar:
wealth,
(financial) resources,
financial system,
financial state,
financial management,
• careful management of available resources.
• "fuel economy"
Similar:
thrift,
providence,
prudence,
thriftiness,
canniness,
carefulness,
care,
good management,
good husbandry,
careful budgeting,
economizing,
saving,
scrimping and saving,
scrimping,
restraint,
frugality,
fuel-saving,
abstemiousness,
meanness,
penny-pinching,
miserliness,
niggardliness,
parsimony,
forehandedness,
stinginess,
sparingness,
frugalness,
Origin:
late 15th century (in the sense ‘management of material resources’): from French économie, or via Latin from Greek oikonomia ‘household management’, based on oikos ‘house’ + nemein ‘manage’. Current senses date from the 17th century.
