What is another word for national economy?

Pronunciation: [nˈaʃənə͡l ɪkˈɒnəmi] (IPA)

The term "national economy" refers to the overall economic system of a country, encompassing all industries, businesses, and individuals. There are several synonyms that can be used to describe this concept, including "domestic economy," "home economy," and "internal economy." Other related terms include "macroeconomy," which focuses on the overall performance of a country's economy, and "gross domestic product (GDP)," which measures the monetary value of all goods and services produced within a country's borders. Regardless of the specific phrase used, the national economy is a critical aspect of a country's overall well-being and development.

What are the hypernyms for National economy?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with National economy

  • When approved, the SAFE Port Act will make progress toward protecting the physical infrastructure of our seaports as well as our national economy which is so clearly dependent on the commercial shipping business.
    Lucille Roybal-Allard
  • All 50 states had the same national economy. And on virtually any measurement you wish to look at, Michigan has moved up and improved against the others.
    John Engler
  • It has been shown that, in contrast to everything which classical national economy has hitherto taught, not the producer but the consumer is the ruling factor in economic life.
    Hjalmar Schacht
  • Health care comprises nearly 20 percent of our national economy, but outdated bureaucracy and red tape have stifled competition and raised costs. As a result, today more than 45 million are without any health coverage.
    John Shadegg
  • What we are looking at on all our TV sets is a man who finally, after 24 years of frenzied effort, became the President of the United States with a personal salary of $200,000 a year and an unlimited expense account including a fleet of private helicopters, jetliners, armored cars, personal mansions and estates on both coasts and control over a budget beyond the wildest dream of King Midas … and all the dumb bastard can show us, after five years of total freedom to do anything he wants with all this power, is a shattered national economy, disastrous defeat in a war we could have ended four years ago on far better terms than he finally came around to, and a hand-picked personal staff put together through five years of screening, whose collective criminal record will blow the minds of high-school American History students for the next 100 years.
    Hunter S. Thompson

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