economy meaning
EN
[iˈkɒn.ə.mi] [iˈkɒːn.ə.miː] [-ɒnəmi] 
US WEconomy
- An economy (Greek οίκος-household and νέμoμαι - manage) or economic system consists of the production, distribution or trade, and consumption of limited goods and services by different agents in a given geographical location.
- In the past, economic activity was theorized to be bounded by natural resources, labor, and capital.
- A given economy is the result of a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure and legal systems, as well as its geography, natural resource endowment,
- NounPLeconomiesPREeco-SUF-nomy
- Effective management of the resources of a community or system.
- Collective focus of the study of money, currency and trade, and the efficient use of resources.
- Frugal use of resources.
- The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.
- An economy open to free movement of capital can keep a fixed exchange rate, for example, only by subjugating monetary-policy goals to its defence—by raising interest rates sharply, say, when capital outflows put downward pressure on the currency. Yet the trilemma also implies that an economy can enjoy both free capital flows and an independent monetary policy, so long as it gives up worrying about its exchange rate.
- (theology) The method of divine government of the world.
- (archaic) Management of one’s residency.
- Effective management of the resources of a community or system.
- Adjective
- Cheap to run; using minimal resources; representing good value for money.
- "He bought an economy car."
- "Economy size".
- Cheap to run; using minimal resources; representing good value for money.
- More Examples
- Used in the Middle of Sentence
- …global/local market economies connect and transform into a cosmospolitian tourscape and locally constituted place.
- They might say that the economy is improving, but it is taking a long time for any money to filter down to the poorer classes.
- When the Katie came through, the town's entire economy and culture changed.
- Used in the Ending of Sentence
- As the levels of education improved, many South East Asian countries became tiger economies.
- The government suppressed the findings of their research about the true state of the economy.
- The use of dry brushing was certainly widespread in Italian rural church decoration by the nineteenth century, where it was employed mainly for reasons of economy.
- Used in the Middle of Sentence
Definition of economy in English Dictionary
- Part-of-Speech Hierarchy
- Adjectives
- Uncomparable adjectives
- Uncomparable adjectives
- Morphemes
- Prefixes
- Words by prefix
- Words prefixed with eco-
- Words prefixed with eco-
- Words by prefix
- Suffixes
- Words by suffix
- Words suffixed with -nomy
- Words suffixed with -nomy
- Words by suffix
- Prefixes
- Nouns
- Countable nouns
- Countable nouns
- Adjectives
- en economywide
- en economy car
- en economy rate
- en economy rice
- en economy model
Source: Wiktionary
Grammatically, this word "economy" is an adjective, more specifically, an uncomparable adjective. It's also a morpheme, more specifically, a prefixe and a suffixe. It's also a noun, more specifically, a countable noun.