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An economy is an area of the production, distribution, or trade, and consumption of goods and .... The first economist in the true modern meaning of the word was the Scotsman Adam Smith (1723–...

Economy | Definition of Economy by Merriam-Webster


the process or system by which goods and services are produced, sold, and bought in a country or region. : careful use of money, resources, etc. : something that ...

What is economy? definition and meaning - BusinessDictionary.com


Definition of economy: An entire network of producers, distributors, and consumers of goods and services in a local, regional, or national community.

Economy | Define Economy at Dictionary.com


Economy definition, thrifty management; frugality in the expenditure or consumption of money, materials, etc. See more.

Economy Definition | Investopedia


Economy is the large set of inter-related economic production and consumption activities which aid in determining how scarce resources are allocated.

economy Meaning in the Cambridge English Dictionary


economy meaning, definition, what is economy: the system of trade and industry by which the wealth of a country is made and used: . Learn more.

What is Economy? - Definition & Types - Video & Lesson Transcript ...


We hear about the economy all the time, but what exactly is an economy? In this lesson, you'll learn about what an economy is and different types...

What is Economics? A Definition of Economics - What is Economics?


A Definition of Economics ... A study of economics can describe all aspects of a country's economy, such as how a country uses its resources, how much time ...

Economy - definition of economy by The Free Dictionary


a. Careful, thrifty management of resources, such as money, materials, or labor: learned to practice economy in making out the household budget. b. An example  ...

economy definition and synonyms | Macmillan Dictionary


Define economy and get synonyms. What is economy? economy meaning, pronunciation and more by Macmillan Dictionary.

thrifty management; frugality in the expenditure or consumption of money, materials, etc.
an act or means of thrifty saving; a saving: He achieved a small economy by walking to work instead of taking a bus.
the management of the resources of a community, country, etc., especially with a view to its productivity.
the prosperity or earnings of a place: Further inflation would endanger the national economy seriously.
the disposition or regulation of the parts or functions of any organic whole; an organized system or method.
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economy | Define economy at Dictionary.com
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