economy

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.

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

develop, expand, flourish, grow

be in/go into recession, collapse, contract, fail, slow, stagnate

pick up, recover, stabilize

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.

important, major, significant

false

Skipping regular car maintenance might seem cheaper at first, but it's a false economy.

achieve, make

The company made significant economies by switching to cheaper suppliers.

drive

The company launched an economy drive to reduce spending across all departments.

~ in

The company made significant economies in packaging by using smaller boxes.

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.