What is the synonym of the word economy?

thrift, providence, prudence, thriftiness, canniness, carefulness, care, good management, good husbandry, careful budgeting, economizing, saving, scrimping and saving, scrimping, restraint, frugality, fuel-saving, abstemiousness.

What is inward thinking called?

Introspection means “to look inside,” and describes the act of thinking about your own actions or inner thoughts. When you examine what you do, say, think or feel and how it affects your life and the lives of others, that’s introspection. It’s easy to piece together the meaning of the noun introspection.

What are two synonyms for economy?


  • frugality,
  • husbandry,
  • parsimony,
  • penny-pinching,
  • providence,
  • scrimping,
  • skimping,
  • thrift.

What is another word for inward looking?

What is another word for inward-looking?

insular limited
jerkwater inflexible
intolerant myopic
short-sighted close-minded
picayune small

What’s another word for economic growth?

What is another word for economic growth?

economic recovery boom
inflation prosperity
upturn affluence
prosperousness plenty
riches richdom

What is the synonym and antonym of economy?

frugality, miserliness, parsimoniousness, parsimony, providence, prudence, saving, scrimping, sparing, thrift. Antonyms: abundance, affluence, bounty, extravagance, liberality, luxury, opulence, riches, waste, wealth.

What is an inward person?

From Longman Dictionary of Contemporary Englishˈinward-ˌlooking adjective an inward-looking person or group is more interested in themselves than in other people – used to show disapprovalExamples from the Corpusinward-looking• This need not reduce the rigour of the professional disciplines demanded, but it would make …

What does looking inward mean?

If you describe a people or society as inward-looking, you mean that they are more interested in themselves than in other people or societies.

When referring to economic growth what do we refer to?

In simplest terms, economic growth refers to an increase in aggregate production in an economy. Often, but not necessarily, aggregate gains in production correlate with increased average marginal productivity.

What’s the difference between inward oriented and outward oriented development?

This occurred initially through comparisons between the relative success of “outward-oriented” and “inward-oriented” development strategies, which were associated with particular trade policy regimes.

Which is an example of an inward-looking policy?

The transition from protectionist, inward-looking policies to relatively open, trade-oriented economies, responded to both internal and global economic developments. In his view, it is illusory and incompatible to pursue regional integration based on preferential trading arrangements while domestic policy remains inward-looking in orientation.

What does Oxford Dictionary mean by inward looking?

Not interested in or taking account of other people or groups. ‘He said that these sects cut themselves off from the mainstream of English national life by pursuing their own narrow and inward-looking interests.’

Which is the closest synonym for the word economical?

Economical: careful in the management of money or resources. Synonyms: economizing, frugal, provident penny-wise; cheap, close, closefisted, mean, miserly, niggard, niggardly, parsimonious, While the synonyms frugal and economical are close in meaning, frugal implies absence of luxury and simplicity of lifestyle.