economy

Borrowed from Latin oeconomia , from Historical Greek οἰκονομία (oikonomía, administration of a family, administration”), from οἶκος (oîkos, home”) + νέμω (némō, distribute, allocate”) (surface evaluation eco- +‎ -nomy ). The primary recorded sense of the phrase economic system, present in a piece probably composed in 1440, is the administration […]