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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



... hand cart in the streets of Philadelphia. But this youth had the indomitable spirit of a conqueror in him, and you could not keep him down. General Grant said to George W. Childs, "Mr. Wanamaker could command an army." His great energy, method, industry, economy, and high moral principle, attracted President Harrison, ...
— How to Succeed - or, Stepping-Stones to Fame and Fortune • Orison Swett Marden

... recalling the attention of Congress to the great importance of establishing throughout our country the roads and canals which can best be executed under the national authority. No objects within the circle of political economy so richly repay the expense bestowed on them; there are none the utility of which is more universally ascertained and acknowledged; none that do more honor to the governments whose wise and enlarged patriotism duly appreciates ...
— State of the Union Addresses of James Madison • James Madison

... recognised, but not more adequately met. Diocletian is said to have quadrupled the armies, and in the fourth century they were far larger than they had been under Julius and Augustus; Constantine had revised the scheme of frontier-defence to secure the greatest possible economy of men. Still, under Honorius, we find that one vital point could only be defended by withdrawing troops from another. The difficulty of increasing the numbers was twofold. First, the army was mercenary, and taxation was already ...
— Medieval Europe • H. W. C. Davis

... visit? Mrs. Luttrell should have every care during the housekeeper's absence—two trained nurses were with her night and day; and a Miss Corcoran, a cousin of the Luttrell family, was shortly expected. Mr. Colquhoun had spoken to him about the necessity of economy, and for that reason he wished to reduce the number of servants as much as possible. He was going away to London, and there would be no need of more than one servant in the house. In fact, the gardener and his wife could do all ...
— Under False Pretences - A Novel • Adeline Sergeant

... side of the house, that looked down on a wide, green, moist patch and the irrigating ditch with its stunted willows. Then painstakingly I went over every inch of the terrain about the ranch; and might just as well have investigated the external economy of a mud turtle. Realizing that nothing was to be gained in this manner, I withdrew to my strategic base where I rolled down and slept until daylight. Then I saddled and returned toward ...
— The Killer • Stewart Edward White


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