0 the system of trade and industry by which the wealth of a country is made and used: --
1 the intentional saving of money or, less commonly, the saving of time, energy, words, etc.: --
2 the system of trade and industry by which the wealth of a country or region is made and used: --
Tourism contributes millions of dollars to the region’s economy.
3 the careful use and management of money or of time, energy, words, etc.: --
4 the system of making money and producing and distributing goods and services within a country or region: --
a slowdown/downturn in the economy The Society of Motor Manufacturers and Traders said the decline in sales reflected the downturn in the economy.
a knowledge-/service-/cash-based economy
an economy grows/slows/recovers In the year to the second quarter of 2007, the UK economy grew by 3.1%.
stimulate/boost/jump-start the economy New legislation has boosted the rural economy as well as supporting local communities.
an emerging/a developing/a developed economy Hong Kong, Singapore, South Korea, and Taiwan are often categorized as emerging economies.
the global/national/local economy Political leaders expressed concern at the effect of increasing oil prices on the global economy.
India has one of the fastest-growing economies in the world.
The property and construction industries are no longer as dominant in the economy as they used to be.
On average, China accounts for almost half of the total export growth of East Asian economies.
5 the fact of not spending more money, using more resources, etc. than you need to: --
Higher licence fees can tempt commercial organizations to make economies on service quality.
Many manufacturing processes have been outsourced to Eastern Europe for reasons of economy.
One such undertaking might examine the extent and specific form of institutional interference with signals between heterogeneous agents in other struggling economies.
The present process suggests smaller unit costs through learning and economies of scale.
Cities, particularly metropoli, are no longer isolated from broader processes that are currently serving to globalize both cultures and economies.
They tried to reconcile the economy's reliance on female wage-earners with the desire for traditional families of breadwinning men and domestic women.
The reason for economies of scale are fixed costs, which mainly occur for the first but not for subsequent guidelines.
However, there is some evidence that more diversified production units might be able to achieve economies of both scale and scope.
The literature has been unclear whether economies of scope can be achieved on smaller sized integrated operations.
However, some studies have shown that larger operations, which achieve economies of size, are also able to achieve economies of scope8.
