The human processes by which Nature's resources are converted into goods and services The Economy is the entirety of the systems, from basic infrastructure to information and invention, that make human Society possible
The efficient and sparing use of the means available for the end proposed Using only the essentials for an intended effect
Economy is the use of the minimum amount of money, time, or other resources needed to achieve something, so that nothing is wasted. improvements in the fuel economy of cars
An economy is the system according to which the money, industry, and trade of a country or region are organized. Zimbabwe boasts Africa's most industrialised economy
frugality in the expenditure of money or resources; "the Scots are famous for their economy"
Originally, the "management of a household " More commonly today, the system of production, distribution, and consumption of goods and services in the larger scale
The system or range of economic activity, such as production, distribution, and consumption in a country, region, or community that manages domestic affairs and resources
The cheapest and slowest service from Royal Mail International for overseas bulk printed matter mail To some remote countries in the world, Economy can take up to 6 months
an act of economizing; reduction in cost; "it was a small economy to walk to work every day"; "there was a saving of 50 cents"
Economy is one of the measures needed to determine value for money It concerns the cost of the inputs to an activity; the resources needed to deliver a service Typical measures will include money, time, people and quality See also Effectiveness, Efficiency, Value for Money