political economy Meaning in the Cambridge English Dictionary
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Meaning of “political economy” in the English Dictionary

"political economy" in Business English

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political economynoun [U]

uk   us  
ECONOMICS, POLITICS used, especially in the past, to refer to the ​study of the ​economy of a particular country or countries and how it is ​connected with the ​politicalsystem: Adam Smith is often regarded as the ​founder of ​politicaleconomy.
(Definition of political economy from the Cambridge Business English Dictionary © Cambridge University Press)
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