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 (from Gr**** οίκος – "household" and νέμoμαι – "manage") is an area of the production, distribution and trade, as well as consumption of goods...
- In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation (typically measured by the amount...
- A market economy is an economic system in which the decisions regarding investment, production and distribution are guided by the price signals created...
- planned economy is a type of economic system where investment, production and the allocation of capital goods take place according to economy-wide economic...
- The economy of India is characterised as a developing market economy. It is the world's sixth-largest economy by nominal GDP and the third-largest by...
- The economy of ****an is a highly developed free-market economy. It is the third-largest in the world by nominal GDP and the fourth-largest by purchasing...
- The economy of China, described as Socialism with Chinese characteristics since the 12th National Congress of the Communist Party of China in 1982, is...
- The economy of the Philippines is the world's 31st largest economy by nominal GDP according to the International Monetary Fund 2020 and the 13th largest...
- An open economy is a type of economy where not only domestic actors but also entities in other countries engage in trade of products (goods and services)...
- Service economy can refer to one or both of two recent economic developments: The increased importance of the service sector in industrialized economies. The...
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