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Economy |
Also found in: Dictionary/thesaurus, Medical, Wikipedia, Hutchinson | 0.04 sec. |
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Economy The large set of inter-related economic production and consumption activities which aid in determining how scarce resources are allocated. Notes: The economy encompasses everything related to the production and consumption of goods and services in an area.The economy and the factors affecting the economy have spawned one of the largest fields of study in human history - economics. The study of economics can be broken into two major areas of focus, microeconomics and macroeconomics. |
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Additionally, JAL is planning to improve in-flight meal quality and to introduce new seats in all present international passenger classes, First, Executive (business class) and Economy class in FY2008. Cathay Pacific Airways used the occasion of its 60th anniversary celebration in Hong Kong Friday to unveil a radical upgrade of its first, business and economy class products. ANA hopes these latest sound technologies will complement ANA's state of the art Audio Video On Demand entertainment system which provides up to 70 channels of movies, video and musical entertainment from First Class to Economy class. |
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