nnoun.groupthe system of production and distribution and consumptionSynset:economic system
Derivationally Related Form:economiceconomicaleconomist
Hypernyms:scheme system
Inherited Hypernyms:economysystemgroupabstractionentity
Direct Hyponyms:free enterpriseindustrialismlaissez-faire economymarket economymixed economynon-market economyprivate enterprisestate capitalismstate socialism
Part Meronyms:black economy sector
Full Hyponyms:bolshevismcapitalismcommunismcommunist economyfalangeindustrialisminternationalmanaged economymarket economymercantilismmixed economynazismnon-market economyrevisionismsocialismstate capitalismstate socialismventure capitalism
nnoun.cognitionthe efficient use of resourcesDerivationally Related Form:economizeeconomiceconomicaleconomist
Hypernyms:efficiency
Inherited Hypernyms:economyefficiencyskillfulnessstateattributeabstractionentity
nnoun.attributefrugality in the expenditure of money or resourcesSynset:thriftiness
Examples:- the Scots are famous for their economy
Derivationally Related Form:thriftyeconomizeeconomical
Hypernyms:frugality frugalness
Inherited Hypernyms:economyfrugalityprudencediscretionwisdomtraitattributeabstractionentity
Inherited Hypernyms:economyfrugalityprudencenatural virtuecardinal virtuevirtuegoodmoralityqualityattributeabstractionentity
nnoun.actan act of economizing; reduction in costSynset:saving
Examples:- it was a small economy to walk to work every day
- there was a saving of 50 cents
Derivationally Related Form:economizeeconomiceconomical
Hypernyms:action
Inherited Hypernyms:economyactionacteventpsychological featureabstractionentity
Direct Hyponyms:curtailmentdownsizingeconomy of scaleretrenchment
Full Hyponyms:economy of scaleretrenchment