economies

Browse 'E'

8 definitions • 26 examples

the system of trade and industry by which the wealth of a country is made and used:

Examples:

global economy Technology companies are driving the global economy.

the German/US economy

the state of the economy Investors remain cautious about the state of the economy.

weak economy Tourism can help to boost a weak economy.

strong economy A strong economy results in higher property prices.

Tourism contributes millions of pounds to the local economy.

the intentional saving of money or, less commonly, the saving of time, energy, words, etc.:

Examples:

make economies They've had to make economies since Nathan lost his job.

This can be done by machines with more speed and economy.

She writes with such economy - I've never known a writer say so much in so few words.

the system of trade and industry by which the wealth of a country or region is made and used:

Examples:

Tourism contributes millions of dollars to the region’s economy.

the careful use and management of money or of time, energy, words, etc.:

Examples:

For the purpose of economy, you may prefer to use a cheaper cut of meat in this recipe.

the system of making money and producing and distributing goods and services within a country or region:

Examples:

On average, China accounts for almost half of the total export growth of East Asian economies.

The property and construction industries are no longer as dominant in the economy as they used to be.

India has one of the fastest-growing economies in the world.

the global/national/local economy Political leaders expressed concern at the effect of increasing oil prices on the global economy.

a booming/strong/robust economy

a slowing/weak/stagnant economy

an emerging/a developing/a developed economy Hong Kong, Singapore, South Korea, and Taiwan are often categorized as emerging economies.

stimulate/boost/jump-start the economy New legislation has boosted the rural economy as well as supporting local communities.

an economy grows/slows/recovers In the year to the second quarter of 2007, the UK economy grew by 3.1%.

a knowledge-/service-/cash-based economy

a slowdown/downturn in the economy The Society of Motor Manufacturers and Traders said the decline in sales reflected the downturn in the economy.

the fact of not spending more money, using more resources, etc. than you need to:

Examples:

Many manufacturing processes have been outsourced to Eastern Europe for reasons of economy.

Higher licence fees can tempt commercial organizations to make economies on service quality.

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Examples:

Executives at the firm now fly economy, rather than club class.

something that seems to be a good way of saving money but is not:

Examples:

Going abroad without travel insurance is a false economy if you are ill and need costly medical treatment.

economies

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