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vocaboo
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economies

Pronunciation: [ɪˈkɑːnəmiz]

Word

Context: "finance"

(noun) the way a country or community organizes its money and resources. It includes how people produce, sell, and use things like food, clothes, and services.

Example

Many countries have strong economies that help their people live better lives.

Example

Some economies are struggling and people have a hard time finding jobs.

Example

How do different economies affect the lives of people living there?

Context: "system"

(noun) the way we can save money or make things work better. For example, running a business efficiently so it costs less.

Example

The new plan created economies that saved the company a lot of money.

Example

Their poor management led to no economies being found, which wasted resources.

Example

What economies can we find in the new project to lower costs?

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