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economy vs economy of scale

economy of scale vs economy

economy and economy of scale both are nouns.

Word NounAdjectiveVerbAdverb
economy Yes No No No
economy of scale Yes No No No
As nouns, economy of scale is a hyponym of economy; that is, economy of scale is a word with a more specific, narrower meaning than economy:
  • economy: an act of economizing; reduction in cost
  • economy of scale: the saving in cost of production that is due to mass production
Other hyponyms of economy include curtailment, downsizing, retrenchment.
economy (noun) economy of scale (noun)
an act of economizing; reduction in cost the saving in cost of production that is due to mass production
frugality in the expenditure of money or resources
the efficient use of resources
the system of production and distribution and consumption
Difference between economy and economy of scale

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