| 词汇 | sub-economy |
| 释义 | sub-economy noun[ C ] (alsosubeconomy)uk /ˈsʌb.iˌkɒn.ə.mi/ us /ˈsʌb.iˌkɑː.nə.mi/ a system of trade by which money is made and used within a limited area of activity: A sub-economy has grown up around the online selling of arts and crafts. The villagers created an entire subeconomy run exclusively by women, taking small loans to fund their projects. The transfer of players from one club to another has become big business and a sub-economy of its own. There is a buoyant sub-economy among the criminals in the city. A new subeconomy has been identified, generated by the large number of people working from home during the pandemic. Economics accommodative anti-economic anti-inflation anti-inflationary anti-recession buyer's market deindustrialization economic Great Recession gross domestic product HDI human development index industrialism Keynesian monetarism monetary recession retrench squeeze the public purse |
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