economy
noun
uk
/iˈkɒn.ə.mi/ us
/iˈkɑː.nə.mi/economy noun (SYSTEM)
- The lowering of interest rates will give a much-needed boost to the economy.
- Ten years of incompetent government had brought about the virtual collapse of the country's economy.
- The government plans to cut taxes in order to stimulate the economy.
- Any decrease in tourism could have a serious effect on the local economy.
- Further increases in imports could destabilize the economy.