Word ECONOMY: meanings, synonyms & antonyms

economy

🇺🇸 [ɪˈkɒnəmi]

Meanings

The system by which goods and services are produced, distributed, and consumed within a society or region.

Examples

• The economy is expected to grow this year.
• Tourism contributes to the local economy.
• They discussed ways to improve the economy.

Synonyms

market • financial system • trade

Antonyms

recession • depression • downturn