- economy, economic system - the system of production and distribution and consumption
--1 is a kind of system, scheme
--1 has parts: sector; black economy
--1 has particulars:industrialism; market economy, free enterprise, laissez-faire economy; mixed economy; non-market economy; state capitalism; state socialism - economy - the efficient use of resources; "economy of effort"
--2 is a kind of efficiency
Derived forms: verb economize2, verb economize1 - economy, thriftiness - frugality in the expenditure of money or resources; "the Scots are famous for their economy"
--3 is a kind of frugality, frugalness
Derived forms: verb economize2, verb economize1 - economy, saving - an act of economizing; reduction in cost; "it was a small economy to walk to work every day"; "there was a saving of 50 cents"
--4 is a kind of action
--4 has particulars: retrenchment, curtailment, downsizing; economy of scaleDerived forms: verb economize2, verb economize1