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Featured Word A2

economy (noun)

The system of trade and industry by which the wealth of a country or region is organized. it refers to how money, goods, and services are produced, sold, and bought.

💬 Example

"The local economy relies heavily on tourists visiting the beach."

💡 Memory Tip

Think of 'ECO' as 'Every Cent Organized'. The economy is about how every cent in a country is organized and used.

🏛️ Origin

🔗 Synonyms
financial system wealth market commerce financial state
⚠️ Common Mistakes

I am studying economy. → I am studying economics.

This is an economic car. → This is an economical car.

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