1 thrift, husbandry, thriftiness, conservation, conservatism, saving, restraint, control, frugality:
We'll have to exercise economy to get through the winter.
2 brevity, briefness, succinctness, terseness, conciseness, concision, compactness, restraint, curtness:
He manages to get his ideas across with an admirable economy of language.
1 operation of a country's money supply
booming, buoyant, dynamic, healthy, sound, stable, strong | ailing, depressed, flagging, fragile, stagnant, weak
The government devalued the currency to try to revive the flagging economy.
| advanced, developed, modern | agrarian,
agricultural, capitalist, industrial,
liberal, market, mixed, monetary, planned, rural, service-based, socialist
a modern industrial economy
| domestic, global, internal, international, local, national, world
the increasingly competitive global economy
| black, informal, underground
The black economy booms when there is high unemployment.
VERB + ECONOMY
Each party has its own strategy for building a strong economy.
| control, handle, manage, manipulate, operate, regulate, run
The government was accused of failing to run the economy competently.
| boost, develop, expand, help, improve, kick-start, reinvigorate, rescue, revive, stabilize, stimulate, strengthen | liberalize | damage, harm, weaken, wreck
ECONOMY + VERB
develop, expand, flourish, grow | be in/go into recession, collapse, contract, fail, slow, stagnate | pick up, recover, stabilize
an area/a sector of the economy
Transport workers are employed in all sectors of the economy.
| the backbone/mainstay of the economy
Agriculture was the backbone of the economy.
| growth in/of the economy
A small manufacturing sector inhibits growth in the economy.
| control/handling/management of the economy
37% approved the president's handling of the economy.
| the size of the economy, the state of the economy
The government has been criticized over the state of the economy. > Special page at BUSINESS
2 careful use of money/time/resources
important, major, significant | false
Buying cheap shoes is a false economy.
VERB + ECONOMY
We could achieve major economies in time with this new machinery.
ECONOMY + NOUN
Savings are being planned as part of a huge economy drive.
possible economies in telephone costs
economy of effort/movement
It was impressive to see her economy of movement as she worked the machine.
| economy of scale
Large firms can benefit from economies of scale.
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