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English definition of “economy”


noun     /ɪˈkɒnəmi/
SYSTEM [C] B2 the system by which a country produces and uses goods and money: the German/US economy a global economyEconomics and the state of the economy
USING LESS [C, U] a situation in which someone or something does not use much money, fuel, etc: The car's design combines comfort with economy. UK We'll need to make some economies when I stop work.Budgeting and saving money
(Definition of economy noun from the Cambridge Learner's Dictionary © Cambridge University Press)

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