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Economy   /ɪkˈɑnəmi/  /ikˈɑnəmi/   Listen
Economy

noun
(pl. economies)
1.
The system of production and distribution and consumption.  Synonym: economic system.
2.
The efficient use of resources.
3.
Frugality in the expenditure of money or resources.  Synonym: thriftiness.
4.
An act of economizing; reduction in cost.  Synonym: saving.  "There was a saving of 50 cents"



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"Economy" Quotes from Famous Books



... settlers corresponded well with the style of their buildings and the quality of their furniture: the hunting shirt of the militia man and the hunter was in general use. The rest of their apparel was in keeping with it,—plain, substantial and well adapted for comfort, use and economy. The apparel of the pioneer's family was all home-made; and in a whole neighborhood there would not be seen, at the first settlement of the country, a single article of dress of foreign manufacture. Half the year, in many families, shoes were not worn. Boots, a fur hat ...
— Daniel Boone - The Pioneer of Kentucky • John S. C. Abbott

... more striking circumstances connected with the transcendent changes which have taken place in this country during the past three years than the steady verification, amid every change, of those great principles of political economy which, during the past half century, have been the practical guides of European legislation. In fact, under the pressure of war we are slowly coming to realize our fellowship with the communities ...
— Continental Monthly, Volume 5, Issue 4 • Various

... was alight over the counter crowded with phials. Those in the window were not lighted, from motives of economy. Behind the counter, sitting on a chair with his legs stretched out and crossed, an old man, quite bald, with a large beak of a nose which, as a prolongation of his hairless forehead, gave him a melancholy likeness to a parrot, was sleeping soundly, his chin ...
— The Works of Guy de Maupassant, Volume VIII. • Guy de Maupassant

... both in the lovely purple and russet of their winter leafage, and in the exquisite bloom of scarlet on the stems in strong young shoots. They have every right to be placed among the Charites, first because the raspberry is really a more important fruit in domestic economy than the strawberry; and, secondly, because the wild bramble is often in its wandering sprays even more graceful than the rose; and in blossom and {196} fruit the best autumnal gift that English Nature has appointed for ...
— Proserpina, Volume 1 - Studies Of Wayside Flowers • John Ruskin

... unassisted by skill, is slavery's method of labor. An old ox, worth eighty dollars, was doing, in New Bedford, what would have required fifteen thousand dollars worth of human bones and muscles to have performed in a southern port. I found that everything was done here with a scrupulous regard to economy, both in regard to men and things, time and strength. The maid servant, instead of spending at least a tenth part of her time in bringing and carrying water, as in Baltimore, had the pump at her ...
— My Bondage and My Freedom • Frederick Douglass


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