Economy Meaning in English
word
/iˈkɑnəmi/
i-KAH-nuh-mee
/ɪkˈɒnəmi/
i-KO-nuh-mee
Definition
The system by which a country or region manages its money, resources, businesses, and trade. It can also mean using resources or money carefully to avoid waste.
Usage & Nuances
Commonly used in discussions about countries, finance, or business. Collocations: 'grow the economy', 'the global economy', 'economy class'. Can also rarely refer to saving resources in general.
Spanish: economíaPortuguese (BR): economiaPortuguese (PT): economiaChinese (Simplified): 经济Chinese (Traditional): 經濟Hindi: अर्थव्यवस्थाArabic: اقتصادBengali: অর্থনীতি - সাশ্রয়Russian: экономика - экономия (бережливость)Japanese: 経済 - 節約Vietnamese: nền kinh tế - sự tiết kiệmKorean: 경제 - 절약Turkish: ekonomi - tasarrufUrdu: معیشت - بچتIndonesian: ekonomi - penghematan
Example Sentences
The country's economy is growing fast.
basic
A strong economy means more jobs for people.
basic
Tourism helps the local economy.
basic
The global economy was affected by the pandemic.
natural
After moving to economy class, the flight felt much less expensive.
natural
We need to practice economy when shopping for groceries.
natural