economy

Definitions

The wealth and resources of a country or region, especially in terms of the production and consumption of goods and services.

A system or range of economic activity in a country, region, or community.

Careful management of available resources to avoid waste or unnecessary expense.

Examples

The government is implementing new policies to stimulate the national economy.

Many small businesses are struggling due to the current state of the global economy.

Synonyms

thrift frugality saving prudence management husbandry carefulness

Antonyms

waste extravagance prodigality lavishness squandering inefficiency excess