economy
n. countablen. the system of how a country makes, uses, and spends money. It includes all the businesses, workers, and products in a specific area.
n. the system of production, distribution, and consumption of goods and services within a country or region. Often used to describe the overall financial health or management of resources in a society.
The country's economy is growing quickly this year.
Many small businesses struggled when the local economy slowed down during the winter months.
Economists are debating whether the shift toward renewable energy will stimulate the national economy or create a temporary period of instability for traditional manufacturing sectors.
Often used with the definite article 'the' when referring to a specific nation's system.
The economic is bad.The economy is bad.Learners often confuse the noun 'economy' with the adjective 'economic'.