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Meaning of ECONOMY in English
  1. the system of production and distribution and consumption
  2. the efficient use of resources
  3. frugality in the expenditure of money or resources
  4. an act of economizing; reduction in cost
  5. The management of domestic affairs; the regulation and government of household matters; especially as they concern expense or disbursement; as, a careful economy.
  6. Orderly arrangement and management of the internal affairs of a state or of any establishment kept up by production and consumption; esp., such management as directly concerns wealth; as, political economy.
  7. The system of rules and regulations by which anything is managed; orderly system of regulating the distribution and uses of parts, conceived as the result of wise and economical adaptation in the author, whether human or divine; as, the animal or vegetable economy; the economy of a poem; the jewish economy.
  8. Thrifty and frugal housekeeping; management without loss or waste; frugality in expenditure; prudence and disposition to save; as, a housekeeper accustomed to economy but not to parsimony.
  9. System; the body regarded as an aggregate of functioning organs.
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ECONOMY Sentence, Example and Usage

Examples and usage of ECONOMY in prose and poetry

To better understand the meaning of ECONOMY, certain examples of its usage are presented.Examples from famous English prose on the use of the word ECONOMY

  1. "He was, at the time, trying to teach me political economy"

    The word/phrase 'economy' was used by 'Rabindranath Tagore' in 'The home and the world'.
  2. "The housewives admired her economy, the patients her politeness, the poor her charity"

    'Gustave Flaubert' has used the economy in the novel Madame bovary.
  3. "I'm not talking of political economy, i'm talking of the science of agriculture"

    To understand the meaning of economy, please see the following usage by Leo Tolstoy in Anna karenina.
Usage of "ECONOMY": Examples from famous English Poetry

  1. "A resource based economy"
    - This term economy was used by Steven Taylor in the Poem Just give it away.

Usage of "ECONOMY" in sentences

  1. "Who will bankroll the restoration of the former East German economy?"

  2. "We must retool the town's economy"

  3. "Industry will stagnate if we do not stimulate our economy"

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