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What does economy mean?

Updated: 11/1/2022
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8y ago

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Economy is a noun meaning:

1. the thrifty use of resources.

2. the fiscal workings of a household or of a country.

It is also an adjective meaning:

1. Inexpensive, cheap

2. In bulk at a reduced price

It means the way the people of a region use resources to meet thire needs.

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8y ago
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