alle Einrichtungen u. Handlungen, die der planvollen Deckung des menschl. Bedarfs dienen; bes. die Erscheinungen der Gütererzeugung, des Güterverbrauchs, des Güterumlaufs u. der Güterverteilung (bes. Einkommensverteilung).
ETYM French économie, Latin oeconomia household management, from Greek oikonomia, from oikonomos one managing a household; oikos house (akin to Latin vicus village, Eng. vicinity) + nomos usage, law, rule, from nemein to distribute, manage. Related to Vicinity, Nomad.
1. An act of economizing; reduction in cost; or; SYN. saving.
2. Frugality in the expenditure of money or resources; SYN. thriftiness.
3. The efficient use of resources.
4. The system of production and distribution and consumption; SYN. economic system.