What does economize mean?

Answer 1

There is no "exact" definition for economics but if I had to give a definition I would say this. Ecomonics- The scientific study of how individuals and groups make decisions with limited resources as to best satisfy their incentives.

Second answer

The definition I was taught is that "economics is the study and investigation of the systems by which societies allocate scarce commodities among alternative uses".it also means the information of the country

Answer 2

1.

pertaining to the production, distribution, and use of income, wealth, and commodities.

2.

of or pertaining to the science of economics.

3.

pertaining to an economy, or system of organization or operation, especially of the process of production.

4.

involving or pertaining to one's personal resources of money: to give up a large house for economic reasons.

5.

pertaining to use as a resource in the economy: economic entomology; economic botany.

Answer 3

Using the minimum required, without waste of time and effort

Answer 4

The word economize means to reduce the amount your spending. Setting up a budget is an excellent way to economize.

Answer 5

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