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Economy   /ɪkˈɑnəmi/  /ikˈɑnəmi/   Listen
Economy

noun
(pl. economies)
1.
The system of production and distribution and consumption.  Synonym: economic system.
2.
The efficient use of resources.
3.
Frugality in the expenditure of money or resources.  Synonym: thriftiness.
4.
An act of economizing; reduction in cost.  Synonym: saving.  "There was a saving of 50 cents"



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"Economy" Quotes from Famous Books



... a third their coalescence in a higher unity. On the other hand, the statement of each of these in its own proper connection would necessitate the repetition of some description, however meager, of the conditions of experimentation in connection with each item. For economy's sake, therefore, a compromise has been made between reporting results according to distribution of material and according to distribution of topics. The evidence of higher grouping, for example, which is afforded by variations in duration and phases of intensity in alternate measures, ...
— Harvard Psychological Studies, Volume 1 • Various

... population averages. The percentage of black officers, 1.6 percent of all officers, while admittedly low, had been rising steadily and compared favorably with the number of black executives in the civilian economy. The occupational status of the black enlisted man had also undergone steady improvement since the early days of integration, especially when one compared the number and variety of military occupation specialties ...
— Integration of the Armed Forces, 1940-1965 • Morris J. MacGregor Jr.

... he did not hesitate to employ it. By his skilful treatment, by his illustrations drawn from England and France, which show the accuracy and range of his mental vision in matters of politics and public economy, both at home and abroad, and with the powerful support of Judge Story, Mr. Webster carried his point. The element of property representation in the Senate was retained, but so wholly by the ability of its advocate, that it was not ...
— Daniel Webster • Henry Cabot Lodge

... that most of them were not driven ashore to earn their bread. What Daniel Webster said of them at a later day was true from the beginning: "It is not, sir, by protection and bounties, but by unwearied exertion, by extreme economy, by that manly and resolute spirit which relies on itself to protect itself. These causes alone enable American ships still to keep the element and show the flag of their country in ...
— The Old Merchant Marine - A Chronicle of American Ships and Sailors, Volume 36 in - the Chronicles Of America Series • Ralph D. Paine

... a bill from a corn-chandler's at Horsham, the type of bill that was sent in days of war economy which folded over and constituted its own envelope. It was addressed to "J. B. Harden, Esq." ("That was the alias he used when he took the wine vaults at Paddington," explained McNorton) and had been ...
— The Green Rust • Edgar Wallace


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