Definition of ECONOMY. Meaning of ECONOMY. Synonyms of ECONOMY

Here you will find one or more explanations in English for the word ECONOMY. Also in the bottom left of the page several parts of wikipedia pages related to the word ECONOMY and, of course, ECONOMY synonyms and on the right images related to the word ECONOMY.

Definition of ECONOMY

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OEconomy
OEconomy [OE]*con"o*my, n. See Economy.
Political economy
Political Po*lit"i*cal, a. 1. Having, or conforming to, a settled system of administration. [R.] ``A political government.' --Evelyn. 2. Of or pertaining to public policy, or to politics; relating to affairs of state or administration; as, a political writer. ``The political state of Europe.' --Paley. 3. Of or pertaining to a party, or to parties, in the state; as, his political relations were with the Whigs. 4. Politic; wise; also, artful. [Obs.] --Sterne. Political economy, that branch of political science or philosophy which treats of the sources, and methods of production and preservation, of the material wealth and prosperity of nations.

Meaning of ECONOMY from wikipedia

- An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain...
- socialist market economy incorporating industrial policies and strategic five-year plans. It is the world's second largest economy by nominal GDP, behind...
- The economy of India has transitioned from a mixed planned economy to a mixed middle-income developing social market economy with notable public sector...
- "The economy, stupid" is a phrase that was coined by James Carville in 1992. It is often quoted from a televised quip by Carville as "It’s the economy, stupid...
- A mixed economy is an economic system that accepts both private businesses and nationalized government services, like public utilities, safety, military...
- A planned economy is a type of economic system where the distribution of goods and services or the investment, production and the allocation of capital...
- A market economy is an economic system in which the decisions regarding investment, production and distribution to the consumers are guided by the price...
- In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the...
- traditional economy is a loosely-defined term sometimes used for older economic systems in economics and anthropology. It may imply any of that an economy is not...
- An informal economy (informal sector or grey economy) is the part of any economy that is neither taxed nor monitored by any form of government. Although...