- 1. the wealth and resources of a country or region, especially in terms of the production and consumption of goods and services. Similar
- 2. careful management of available resources: "even heat distribution and fuel economy" Similar Opposite
- 1. (of a product) offering the best value for the money: "an economy pack"
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Mar 25, 2022 · An economy is the large set of inter-related production, consumption, and exchange activities that aid in determining how scarce resources are allocated. The production, consumption, and...
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Sour views on economy keep Biden approval on issues down: POLL
With the midterm elections three months away, Americans maintain a sour view on the state of the economy and are pessimistic about its future course, with President Joe Biden ...
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Kids Definition of economy. 1 : the way in which goods and services are made, sold, and used in a country or area the city's economy. 2 : the careful use of money and goods : thrift With economy and restraint, they managed to live on their small income.
Sep 15, 2021 · An economy is a system of organizations and institutions that either facilitate or play a role in the production and distribution of goods and services in a society.
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Jun 27, 2022 · The economy is the total of all activities related to the production, sale, distribution, exchange, and consumption of limited resources by a group of people living and operating within it.