Using the minimum of time or resources necessary for effectiveness
http://www.Google.com/search?hl=en&safe=off&rlz=1B3GGGL_enUS296US308&q=define%3A+economical&btnG=Search
Seriously, wouldn't it be easier to use a dictionary for this?
saving, economizing, providence, carefulness
saving, economizing, providence, carefulness
What people usually seem to mean is to cut costs. Putting less into a product or service in hopes of getting more out of it. There is a limit though to economizing. You can cut or control people wages for so long before they look for work elsewhere. You can find less expensive inputs into the products you make but quality eventually suffers. Economizing is fine so long as you keep it in perspective or you'll find economize can cost a lot in the end.
The noun forms for the verb to economize are economizer, economization, and the gerund, economizing.
That productive resources are scarce relative to economic wants.
Economizing of resources refers to the efficient allocation and utilization of limited resources to achieve maximum benefit or output. It involves making choices on how to best use resources such as time, money, and materials to minimize waste and maximize productivity. This concept is often applied in business, economics, and environmental management to ensure sustainability and optimization.
The noun forms of the verb to economize are economizerand the gerund, economizing.
Economizing the use of resources refers to the practice of using available resources efficiently and effectively to minimize waste and maximize utility. This involves making informed decisions about consumption, prioritizing sustainability, and finding alternatives that reduce costs while ensuring that essential needs are met. By optimizing resource use, individuals and organizations can contribute to environmental conservation and improve overall economic productivity.
-limited resources to satisfy virtually unlimted wants
Considering the costs and benefits of various alternatives and choosing the one with the greatest net benefits.
You want desert grasses and what they call suculants.
# Inadequate, as in size or fullness, especially through economizing or stinting: a skimpy meal. # Unduly thrifty; niggardly.