i Register
In some senses, economy is marked as obsolete, US. Watch for register when choosing this word.
ADJ
booming, buoyant, dynamic, healthy, sound, stable, strong
ailing, depressed, flagging, fragile, stagnant, weak
Many families struggled to find work when the local economy became depressed.
advanced, developed, modern | agrarian
liberal, market, mixed, monetary, planned, rural, service-based, socialist
The country transitioned from a planned economy to a market economy in the 1990s.
domestic, global, internal, international, local, national, world
The national economy improved after the government introduced new policies to support small businesses.
black, informal, underground
Many people work in the informal economy to earn extra money without paying taxes.
VERB + ECONOMY
build, rebuild
The government is working hard to rebuild the economy after the financial crisis.
control, handle, manage, manipulate, operate, regulate, run
The central bank carefully manages the economy to keep inflation and unemployment low.
boost, develop, expand, help, improve, kick-start, reinvigorate, rescue, revive, stabilize, stimulate, strengthen | liberalize | damage, harm, weaken, wreck
ECONOMY + VERB
develop, expand, flourish, grow | be in/go into recession, collapse, contract, fail, slow, stagnate | pick up, recover, stabilize
PHRASES
an area/a sector of the economy
The technology sector of the economy has grown significantly over the last decade.
the backbone/mainstay of the economy
Manufacturing has been the mainstay of the economy in this industrial region for decades.
growth in/of the economy
The government's new policies have helped create growth in the economy over the past two years.
control/handling/management of the economy
The new government promised to improve its management of the economy before the election.
the size of the economy, the state of the economy
Many people worry about the size of the economy and whether it will continue to grow.
ADJ
important, major, significant
false
Skipping regular car maintenance might seem cheaper at first, but it's a false economy.
VERB + ECONOMY
achieve, make
The company made significant economies by switching to cheaper suppliers.
ECONOMY + NOUN
drive
The company launched an economy drive to reduce spending across all departments.
PREP
~ in
The company made significant economies in packaging by using smaller boxes.
PHRASES
economy of effort/movement
The dancer moved with such economy of movement that every gesture seemed perfectly placed.
economy of scale
When companies produce more goods, they achieve economy of scale and reduce their costs per item.