Economy — synonyms, definition

1. economy (Noun)

austerity brevity briefness carefulness closeness compactness condensation conduct conservation crispness cupidity deduction direction economic system forehandedness frugality gain husbandry maintenance meanness • • •

economy (Noun) — The system of production and distribution and consumption.

economy (Noun) — The efficient use of resources. ex. "economy of effort"

economy (Noun) — Frugality in the expenditure of money or resources. ex. "the Scots are famous for their economy"

economy (Noun) — An act of economizing; reduction in cost. ex. "it was a small economy to walk to work every day"

action efficiency frugality frugalness scheme system curtailment downsizing economy of scale free enterprise industrialism laissez-faire economy market economy mixed economy non-market economy private enterprise retrenchment state capitalism state socialism black economy sector