← Word library
WordBand 4.5–5.5Core (NGSL)
economy
/iːˈkɒn.ə.mi/
noun1 of 2
total of all the goods, services, and wages in an area
- “The economy of our country is in a depressing state.”Tatoeba
- “Fishing, in particular, is extremely important to the local economy.”Tatoeba
Sentences from Tatoeba show real usage. A word can have several meanings, so a sentence may use another one.
adjective2 of 2
Cheap to run; using minimal resources; representing good value for money.
Topics
Related words
More in Money and economy →
meet the demandTo supply as much as people want.
stallnounA small open table or booth where goods are sold in a market.
warehousenounA large building where goods are stored before they are sold.
farenounThe price paid for a journey.
disparitynounA noticeable and often unfair difference between two things.
plungeverbTo drop suddenly and by a large amount.
cost an arm and a legTo be very expensive.
trolleynounA small wheeled cart used for carrying goods in a shop.
Source: New General Service List (Browne, Culligan & Phillips) (CC BY-SA 4.0); Wiktionary (CC BY-SA 3.0); Tatoeba (CC BY 2.0 FR)