WordHive Learning Dictionary

Economy

noun

Economy means how people in a place make, buy, and use things.

7 letters 4 syllables

What does Economy mean?

Economy means how people in a place make, buy, and use things.

Updated

Dictionary definition

The way money, goods, and services are made, shared, and used in a place.

Example sentences

Economy in a sentence

easy

Our class talked about how the town economy includes farms and shops.

medium

A strong economy can mean more jobs are available.

hard

The local economy changes when new businesses open.

Writing practice

Ready to write your own? Study the examples, then practice economy in a sentence with Sentence Builder checklist feedback.

Quick practice
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Practice the meaning of Economy

Answer three quick questions about its meaning and related words.

Practice 1

What is an economy?

Practice 2

Which word is closest in meaning to economy?

Practice 3

Which word is an antonym of economy?

Pronunciation coach
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Economy

Voice settings
Sounds like

ih · kon · uh · mee · strongest beat: kon

Synonyms

Words like Economy

market systemRefers to how buying and selling work together.
trade networkFocuses on exchange of goods and services.
Antonyms

Opposite words

shortageA shortage can show when goods are not enough.
wasteWaste can hurt how resources are used.
Synonym practice

Want to practice economy synonyms in context? Try a Synonym Search question like "The lesson explained the town economy," then compare close word choices. Practice economy synonyms.

Word family

Economy word family

Base word

economy

noun

economies

Systems in different places.

adjective

economic

Related to money and trade systems.

Related words
Student support

Understand Economy

Hint for students

Economy means how people in a place make, buy, and use things.

Common mix-up

Economy is not the same as shortage. Economy means economy means how people in a place make, buy, and use things.

Try it in class or at home

Read this model sentence: A strong economy can mean more jobs are available. Clue words: strong, mean, more. Underline clue words that show why economy fits instead of shortage. Now write one new sentence that shows economy without using the word economy. Ask: Does my sentence clearly show economy?

Teacher prompt

Ask students to explain this model sentence: "A strong economy can mean more jobs are available." Why does economy fit better than shortage?