ECONOMY

n. management of resources (i.e. money, goods, etc.); thrift, careful spending

This article is about the human activity. For the social science that studies it, see Economics. For other meanings see Economy (disambiguation). An economy is the system of human activities related to the production, distribution, exchange, and consumption of goods and services of a country or other area.
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Economy /econ·o·my/ the management of domestic affairs. token economy in behavior therapy, a program of treatment in which the patient earns [more]Economy - Community and Resources

Noun
1. the system of production and distribution and consumption
(synonym) economic system
(hypernym) system, scheme
(hyponym) industrialism
(part-meronym) sector
2. the efficient use of resources; "economy of effort"
(hypernym) efficiency
(derivation) save, economize, economise
3. frugality in the expenditure of money or resources; "the Scots are famous for their economy"
(synonym) thriftiness
(hypernym) frugality, frugalness
(derivation) save, economize, economise
4. an act of economizing; reduction in cost; "it was a small economy to walk to work every day"; "there was a saving of 50 cents"
(synonym) saving
(hypernym) action
(hyponym) retrenchment, curtailment, downsizing
(derivation) save, economize, economise

(n.)
Thrifty and frugal housekeeping; management without loss or waste; frugality in expenditure; prudence and disposition to save; as, a housekeeper accustomed to economy but not to parsimony.
  

(n.)
The system of rules and regulations by which anything is managed; orderly system of regulating the distribution and uses of parts, conceived as the result of wise and economical adaptation in the author, whether human or divine; as, the animal or vegetable economy; the economy of a poem; the Jewish economy.
  

(n.)
The management of domestic affairs; the regulation and government of household matters; especially as they concern expense or disbursement; as, a careful economy.
  

(n.)
Orderly arrangement and management of the internal affairs of a state or of any establishment kept up by production and consumption; esp., such management as directly concerns wealth; as, political economy.