economy

  

Definition

An entire network of producers, distributors, and consumers of goods and services in a local, regional, or national community.

Use economy in a sentence

  • I learned about the economy in school and how money worked in the country where I live and I was really surprised.

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  • The economy may rise or fall at any time and you must keep an even keel and ride out the tough times.

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  • In 2008, the economy took a real down turn, causing the loss of jobs and money everywhere, and has yet to reach the point in where it was before.

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