ENGLISH
REFERENCE

economies

n. countable
B1 Intermediate US //iˈkɑnəmiz// UK //ɪkˈɒnəmɪz// economies

n. the systems that a country or region uses to organize its money, trade, and industry. It can also mean the careful ways you save money or resources.

n. the systems of production, distribution, and consumption of goods and services within a specific region or country. Also refers to instances of careful management of resources to avoid waste.


SIMPLE

Many national economies are growing slowly this year.

CONTEXTUAL

The government is looking for ways to support local economies by encouraging people to shop at small businesses.

COMPLEX

The shift toward renewable energy requires major changes across global economies, as traditional industries must adapt to new regulatory frameworks and shifting consumer demands.

Synonyms
Usage

Often used in the plural when comparing different countries or when discussing multiple ways to save money ('economies of scale').

Pitfall

the country's economy is badthe country's economy is weakWhile 'bad' is understood, learners should use 'weak' or 'struggling' to describe a poorly performing economy in a more natural way.

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