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economy
noun
-
economy
,
economies
the
system
of
making
,
selling
,
and
using
goods
and
services
in
a
country
or
area
•
The
country's
economy
grew
by
five
percent
last
year
.
The
country's
economy
grew
by
five
percent
last
year
.
•
Tourism
is
vital
to
the
island's
economy
.
Tourism
is
vital
to
the
island's
economy
.
From
Middle
French
économie
,
from
Latin
oeconomia
,
from
Ancient
Greek
oikonomía
“
management
of
a
household
,
administration
,”
from
oîkos
“
house
”
+
némo
“
manage
.”
