economy
National financial system
Economy centers on the management of resources—money, goods, labor, time.
A country's economy is its system of production, distribution, and consumption: The economy grew by three percent.
To practice economy is to avoid waste: She ran the household with strict economy.
An economy car or economy class offers basic service at lower cost.
The adjective economical means thrifty or efficient: an economical use of space.
In writing, economy of language means expressing ideas with minimal words.
Furnish or stock
- demandForceful request or requirement
- competitionStruggle for supremacy
- monopolyOne seller, no substitutes
- oligopolyFew firms dominate market
pricing · consumer · retail · wholesale · exchange · commodity · auction · vendor
Deploying capital for returns
- capitalWealth used for investment
- stocksOwnership stakes or inventory
- bondsTies that unite
- bankingFinancial institution transactions
inflation · interest · currency · credit · liquidity · trading · securities · portfolio
Increase in scope
- prosperityGood fortune, success
- boomLoud deep sound
- recessionProlonged economic decline
- developmentProgress toward maturity
recovery · stagnation · contraction · upturn · downturn · productivity · GDP · indicators
Private profit-based economy
- socialismCommunal economic control
- communismCollective ownership system
- feudalismLand-for-service social structure
- mercantilismTrade policy favoring exports
barter · laissez-faire · industrialization · privatization · nationalization · deregulation · subsistence
Plan for spending
- deficitAmount still owed
- surplusAmount exceeding requirement
- taxationCompulsory government revenue collection
- spendingOutlaying of funds
revenue · appropriation · allocation · expenditure · austerity · stimulus · debt · treasury
Worldwide economic and cultural integration
- tradeExchange of commodities
- exportForeign-bound sale
- importObtain from overseas
- tariffsTaxes on imports
multinational · outsourcing · offshoring · IMF · WTO · supply-chain · FDI · sanctions
Economical resource management
- savingReserving for future use
- efficiencyProductive without waste
- prudenceCareful, wise judgment
- resourcefulnessAbility to solve problems creatively
conservation · austerity · cutbacks · downsizing · restraint · budgeting · cost-cutting · scrimping
Color of vegetation
- renewableCapable of restoration
- circularForming a closed curve
- carbon-neutralNet-zero emissions state
- low-carbonMinimal CO2 output
energy-efficient · conservation · solar · wind · recycling · zero-waste · eco-friendly · biodegradable
supply
Furnish or stock
- demandForceful request or requirement
- competitionStruggle for supremacy
- monopolyOne seller, no substitutes
oligopoly · pricing · consumer · retail · wholesale · exchange · commodity · auction · vendor · trade
investment
Deploying capital for returns
banking · inflation · interest · currency · credit · liquidity · trading · securities · portfolio · dividends
expansion
Increase in scope
- prosperityGood fortune, success
- boomLoud deep sound
- recessionProlonged economic decline
development · recovery · stagnation · contraction · upturn · downturn · productivity · GDP · indicators · forecast
capitalism
Private profit-based economy
- socialismCommunal economic control
- communismCollective ownership system
- feudalismLand-for-service social structure
mercantilism · barter · laissez-faire · industrialization · privatization · nationalization · deregulation · subsistence
budget
Plan for spending
- deficitAmount still owed
- surplusAmount exceeding requirement
- taxationCompulsory government revenue collection
spending · revenue · appropriation · allocation · expenditure · austerity · stimulus · debt · treasury · policy
globalization
Worldwide economic and cultural integration
tariffs · multinational · outsourcing · offshoring · IMF · WTO · supply-chain · FDI · sanctions · protectionism
frugality
Economical resource management
- savingReserving for future use
- efficiencyProductive without waste
- prudenceCareful, wise judgment
resourcefulness · conservation · austerity · cutbacks · downsizing · restraint · budgeting · cost-cutting · scrimping · penny-pinching
green
Color of vegetation
- renewableCapable of restoration
- circularForming a closed curve
- carbon-neutralNet-zero emissions state
low-carbon · energy-efficient · conservation · solar · wind · recycling · zero-waste · eco-friendly · biodegradable · sustainability
- social studiescivics, social studies, maps, community, sociology
- economicssupply and demand, inflation, GDP, GNP, gross domestic product
- Chinese citiesancient city, city walls, population, geography, landmarks
- city topicsgeography, population, demographics, government, transportation
- Greek wordsalpha, beta, gamma, delta, epsilon
- nation'santhem, border, citizens, government, leader
economyextravagance
Excessive, wasteful spending
wastefulness · waste · inefficiency · lavishness · prodigality
economyeconomic collapse
Catastrophic failure of finances
anarchy · chaos · subsistence · autarky · barter system
- economic sanctionPunitive limits on commerce
- economy classLowest-fare travel tier
- underground economyUnreported commercial activity
- economic powerInfluence through wealth
- economic justiceFair allocation of resources
- global economyInterconnected international financial system
economic, gig economy, economical, economics, economize, economist, economizing, economists, uneconomical