economy
- 01 B1 Intermediate
n.the system of trade and industry by which the wealth of a country is made and used.
n.the complex system of production, distribution, and consumption of goods and services within a country or region.
Simple“The government is trying to grow the economy by helping small businesses.”
In context“Economists are debating whether the national economy will recover quickly or face a prolonged period of stagnation following the recent policy changes.”
Synonymsfinancial systemwealth - 02 B2 Upper Intermediate
n.the careful use of money, time, or goods so that nothing is wasted.
n.the practice of frugality or the efficient allocation of resources to minimize waste.
Simple“Buying the larger bottle is a matter of economy since it costs less per litre.”
In context“The writer's economy of language allows her to convey deep emotional truths without relying on unnecessary adjectives or complex metaphors.”
Antonyms - 03 A2 Elementary
n.the cheapest seats on a plane or train.
n.the least expensive class of seating or travel on a commercial vehicle.
Simple“We usually fly economy because the tickets are much cheaper for a family.”
In context“While the legroom in economy is limited, many travellers find the cost savings worth the minor discomfort on short-haul flights.”
Synonymscoachstandard classAntonymsfirst classbusiness class - 04 B1 Intermediate
adj.cheaper than others or designed to save you money.
adj.offering lower prices or designed to be more efficient in resource consumption.
Simple“I bought an economy pack of batteries because it was better value.”
In context“The manufacturer released an economy model of the car, stripping away luxury features to appeal to budget-conscious first-time buyers.”
Synonyms
Usage global economy