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Economy vs Environment - What's the difference?

economy | environment |

As nouns the difference between economy and environment

is that economy is effective management of the resources of a community or system while environment is the surroundings of, and influences on, a particular item of interest.

As an adjective economy

is cheap to run; using minimal resources; representing good value for money.

economy

English

Alternative forms

*

Noun

(wikipedia economy) (economies)
  • Effective management of the resources of a community or system.
  • Collective focus of the study of money, currency and trade, and the efficient use of resources.
  • Frugal use of resources.
  • * Jonathan Swift
    • I have no other notion of economy than that it is the parent to liberty and ease.
  • The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.
  • * {{quote-magazine, date=2013-08-31, volume=408, issue=8851, magazine=(The Economist)
    • , title= Horns of a trilemma , passage=An economy open to free movement of capital can keep a fixed exchange rate, for example, only by subjugating monetary-policy goals to its defence—by raising interest rates sharply, say, when capital outflows put downward pressure on the currency. Yet the trilemma also implies that an economy can enjoy both free capital flows and an independent monetary policy, so long as it gives up worrying about its exchange rate.}}
  • (theology) The method of divine government of the world.
  • (archaic) Management of one’s (l).

    • Derived terms

    * collaborative economy * command economy * economic * economical * economist * economize * market economy * peer-to-peer economy * planned economy * sharing economy

    Related terms

    * economics ** macroeconomics ** microeconomics

    Adjective

    (-)
  • Cheap to run; using minimal resources; representing good value for money.
    • "He bought an economy car."
    "Economy size".

    Anagrams

    *

    environment

    English

    Noun

    (en noun)
  • The surroundings of, and influences on, a particular item of interest.
  • The natural world or ecosystem.
  • * {{quote-magazine, date=2013-06-07, author=David Simpson
    • , volume=188, issue=26, page=36, magazine=(The Guardian Weekly) , title= Fantasy of navigation , passage=It is tempting to speculate about the incentives or compulsions that might explain why anyone would take to the skies in [the] basket [of a balloon]: […];  […]; or perhaps to muse on the irrelevance of the borders that separate nation states and keep people from understanding their shared environment .}}
  • All the elements over which a designer has no control and that affect a system or its inputs and outputs.
  • A particular political or social setting, arena or condition.
  • (computing) The software and/or hardware existing on any particular computer system.
  • (programming) The environment of a function at a point during the execution of a program is the set of identifiers in the function's scope and their bindings at that point.
  • (computing) The set of variables and their values in a namespace that an operating system associates with a process.

    • Synonyms

    * (l)

    Related terms

    * environ * environmentalist * environmentalism

    External links

    * * *