economy

noun
  1. The system of production, distribution, and consumption of goods and services in a particular geographic region or country. noun
    The global economy has been affected by the pandemic.
    China's economy is one of the fastest-growing in the world.
  2. The careful management of available resources to avoid waste; thriftiness. noun
    Her economy in using materials saved the company a lot of money.
    The economy of the new car model is one of its selling points.
  3. A particular type or branch of economic system. noun
    A market economy relies on supply and demand to allocate resources.
    The command economy is characterized by government control over production and pricing.
  4. The efficient and concise use of something, such as language or effort. noun
    The economy of his writing style makes his novels a quick read.
    She admired the economy of movement in the dancer's performance.