economy

noun:the system of production, distribution, and consumption of goods and services in a particular country or region
- China's economy has grown dramatically over the past decade.
noun:the careful management of resources, especially money, to avoid waste
- The nonprofit operates on a tight economy, ensuring every donation is used effectively.
noun:the overall financial condition or wealth of a nation, community, or individual
- The recession hurt the local economy, leading to higher unemployment.
noun:a specific sector or type of economic activity, such as the tourism economy
- The coastal towns rely heavily on the tourism economy.
noun:a class of service on a vehicle offering basic accommodations at a lower price; economy class
- He booked a seat in economy for his flight to New York.