economy

Từ điển Collocation

economy noun

1 operation of a country's money supply

ADJ. booming, buoyant, dynamic, healthy, sound, stable, strong | ailing, depressed, flagging, fragile, stagnant, weak The government devalued the currency to try to revive the flagging economy. | advanced, developed, modern | agrarian, agricultural, capitalist, industrial, liberal, market, mixed, monetary, planned, rural, service-based, socialist a modern industrial economy | domestic, global, internal, international, local, national, world the increasingly competitive global economy | black, informal, underground The black economy booms when there is high unemployment.

VERB + ECONOMY build, rebuild Each party has its own strategy for building a strong economy. | control, handle, manage, manipulate, operate, regulate, run The government was accused of failing to run the economy competently. | boost, develop, expand, help, improve, kick-start, reinvigorate, rescue, revive, stabilize, stimulate, strengthen | liberalize | damage, harm, weaken, wreck

ECONOMY + VERB develop, expand, flourish, grow | be in/go into recession, collapse, contract, fail, slow, stagnate | pick up, recover, stabilize

PHRASES an area/a sector of the economy Transport workers are employed in all sectors of the economy. | the backbone/mainstay of the economy Agriculture was the backbone of the economy. | growth in/of the economy A small manufacturing sector inhibits growth in the economy. | control/handling/management of the economy 37% approved the president's handling of the economy. | the size of the economy, the state of the economy The government has been criticized over the state of the economy. > Special page at BUSINESS

2 careful use of money/time/resources

ADJ. important, major, significant | false Buying cheap shoes is a false economy.

VERB + ECONOMY achieve, make We could achieve major economies in time with this new machinery.

ECONOMY + NOUN drive Savings are being planned as part of a huge economy drive.

PREP. ~ in possible economies in telephone costs

PHRASES economy of effort/movement It was impressive to see her economy of movement as she worked the machine. | economy of scale Large firms can benefit from economies of scale.

Từ điển WordNet

    n.

  • the system of production and distribution and consumption; economic system
  • the efficient use of resources

    economy of effort

  • frugality in the expenditure of money or resources; thriftiness

    the Scots are famous for their economy

  • an act of economizing; reduction in cost; saving

    it was a small economy to walk to work every day

    there was a saving of 50 cents

Investopedia Financial Terms

Economy
The large set of inter-related economic production and consumption activities which aid in determining how scarce resources are allocated.
Investopedia Says:
The economy encompasses everything related to the production and consumption of goods and services in an area.

The economy and the factors affecting the economy have spawned one of the largest fields of study in human history - economics. The study of economics can be broken into two major areas of focus, microeconomics and macroeconomics.

English Synonym and Antonym Dictionary

economies
syn.: frugality saving thrift
ant.: luxury