the system of production and distribution and consumption
noun
the efficient use of resources
“economy of effort”
noun
frugality in the expenditure of money or resources
“the Scots are famous for their economy”
noun
an act of economizing; reduction in cost
“it was a small economy to walk to work every day”
Word Forms
economic
adjective
of or relating to an economy, the system of production and management of material wealth
economical
adjective
of or relating to an economy, the system of production and management of material wealth
economist
noun
an expert in the science of economics
economize
verb
spend sparingly, avoid the waste of
thrifty
adjective
mindful of the future in spending money
Around the World
Europe
🇩🇪German
Wirtschaft
das System der Produktion, Verteilung und des Konsums
🇫🇷French
économie
le système de production, de distribution et de consommation
🇪🇸Spanish
economía
El sistema de producción, distribución y consumo.
🇮🇹Italian
economia
il sistema di produzione, distribuzione e consumo
🇳🇱Dutch
economie
het systeem van productie, distributie en consumptie
🇵🇹Portuguese
economia
o sistema de produção e distribuição e consumo
🇷🇺Russian
экономика
система производства, распределения и потребления
India
🇮🇳Hindi
अर्थव्यवस्था
उत्पादन और वितरण और उपभोग की प्रणाली
🇧🇩Bengali
অর্থনীতি
উৎপাদন এবং বন্টন এবং খরচ সিস্টেম
🇮🇳Tamil
பொருளாதாரம்
உற்பத்தி மற்றும் விநியோகம் மற்றும் நுகர்வு அமைப்பு
🇮🇳Telugu
ఆర్థిక వ్యవస్థ
ఉత్పత్తి మరియు పంపిణీ మరియు వినియోగం యొక్క వ్యవస్థ
🇮🇳Marathi
अर्थव्यवस्था
उत्पादन आणि वितरण आणि उपभोग प्रणाली
🇮🇳Gujarati
અર્થતંત્ર
ઉત્પાદન અને વિતરણ અને વપરાશની સિસ્ટમ
🇮🇳Kannada
ಆರ್ಥಿಕತೆ
ಉತ್ಪಾದನೆ ಮತ್ತು ವಿತರಣೆ ಮತ್ತು ಬಳಕೆಯ ವ್ಯವಸ್ಥೆ
🇮🇳Malayalam
സമ്പദ്വ്യവസ്ഥ
ഉത്പാദനത്തിൻ്റെയും വിതരണത്തിൻ്റെയും ഉപഭോഗത്തിൻ്റെയും സംവിധാനം
🇮🇳Punjabi
ਆਰਥਿਕਤਾ
ਉਤਪਾਦਨ ਅਤੇ ਵੰਡ ਅਤੇ ਖਪਤ ਦੀ ਪ੍ਰਣਾਲੀ
🇵🇰Urdu
معیشت
پیداوار اور تقسیم اور کھپت کا نظام
East & Southeast Asia
🇨🇳Chinese
经济
生产、分配和消费体系
🇯🇵Japanese
経済
生産と流通と消費のシステム
🇰🇷Korean
경제
생산, 유통, 소비 시스템
🇻🇳Vietnamese
kinh tế
hệ thống sản xuất và phân phối và tiêu thụ
🇹🇭Thai
เศรษฐกิจ
ระบบการผลิตและการจำหน่ายและการบริโภค
🇮🇩Indonesian
ekonomi
sistem produksi dan distribusi serta konsumsi
🇵🇭Filipino
ekonomiya
ang sistema ng produksyon at distribusyon at pagkonsumo
🇲🇾Malay
ekonomi
sistem pengeluaran dan pengedaran dan penggunaan
Middle East
🇸🇦Arabic
اقتصاد
نظام الإنتاج والتوزيع والاستهلاك
🇮🇷Persian
اقتصاد
سیستم تولید و توزیع و مصرف
🇹🇷Turkish
ekonomi
üretim ve dağıtım ve tüketim sistemi
🇮🇱Hebrew
כַּלְכָּלָה
מערכת הייצור וההפצה והצריכה
Test Yourself1 / 3
What is the primary definition of the word 'economy'?
The primary meaning of 'economy' is 'the system of production and distribution and consumption'.
Which of the following sentences uses the word 'economy' in a grammatically correct way?
Using 'economy' in a noun/adjective form makes the first sentence correct.
In which domain is the word 'economy' most likely to appear as standard vocabulary?
'economy' is a standard word used primarily in general literature and formal communications.
Community Poll1 / 6
How often do you encounter the word 'economy' in your daily reading?
Very Often
Occasionally
Rarely
Never
Do you find 'economy' easy to spell?
Yes, very easy
Somewhat easy
A bit confusing
Extremely hard
In your opinion, does the word 'economy' have a positive, neutral, or gloomy tone?
Positive
Neutral
Gloomy
Vibrant
Which age group is most likely to use 'economy' in regular conversations?
Kids (3-12)
Teens (13-19)
Adults (20-60)
Seniors (60+)
How likely are you to use 'economy' in a professional email?
Very likely
Somewhat likely
Not very likely
Never
Would you classify 'economy' as formal, casual, or slang?
Formal
Casual
Slang
Archaic
Pick an option to see how others voted
This word is also in the Advanced book — want the full, immersive treatment (age meanings, culture, creative use, deeper Hindi & exercises)?
Open the Advanced entry →
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