economy
/iːˈkɒn.ə.mi/
Group 22Difficulty 1/3
Definition
- (noun)
- Careful management of available resources; the sparing use of something GRE
Example in Context
The writer's economy of language was masterful—every word carried weight, and nothing superfluous survived the editing process.
Synonyms
thriftfrugalityefficiency
Etymology
Originally related to managing a household, now refers to careful resource management.
- oikonomia (Greek) — household management
Memory Aid
💰Sounds like “eco-nom-ee”
In a world where everything costs an ECO-NOMY, even coins wear a tuxedo to save money!
Visual Association
💵A person meticulously organizing coins and bills, treating each dollar like a royal treasure.
Semantic Clusters
Synonym Groups
Frequently Asked Questions
What does “economy” mean on the GRE?
economy (noun) means “Careful management of available resources; the sparing use of something”. The writer's economy of language was masterful—every word carried weight, and nothing superfluous survived the editing process.
How to remember “economy” for the GRE?
Mnemonic: “economy” sounds like “eco-nom-ee”. In a world where everything costs an ECO-NOMY, even coins wear a tuxedo to save money!
What are synonyms for “economy”?
Common synonyms: thrift, frugality, efficiency.