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.
"The local economy relies heavily on tourists visiting the beach."
Think of 'ECO' as 'Every Cent Organized'. The economy is about how every cent in a country is organized and used.
I am studying economy. → I am studying economics.
This is an economic car. → This is an economical car.
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