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economy
(redirected from Economy class)

    Also found in: Dictionary/thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia 0.04 sec.

economy

Set of interconnected activities concerned with the production, distribution, and consumption of goods and services. The contemporary economy is very complex and includes transactions ranging from the distribution and spending of children's pocket money to global-scale financial deals being conducted by multinational corporations.

There are several different types of economy. An economy based on capitalism is one that is concerned with individual accumulation of material wealth; an economy based on socialism is concerned with the equal distribution of wealth throughout a community.



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? Mentioned in ? References in periodicals archive
 
Additionally, JAL is planning to improve in-flight meal quality and to introduce new seats in all present international passenger classes, First, Executive (business class) and Economy class in FY2008.
JAL to Introduce Domestic First Class for the First Time & Introduce ... by JCN Newswires
Cathay Pacific Airways used the occasion of its 60th anniversary celebration in Hong Kong Friday to unveil a radical upgrade of its first, business and economy class products.
Company Watch - Cathay Pacific by Airguide Online
ANA hopes these latest sound technologies will complement ANA's state of the art Audio Video On Demand entertainment system which provides up to 70 channels of movies, video and musical entertainment from First Class to Economy class.
ANA to Introduce "Euphony ANA Audio" Technology for In-Flight ... by JCNN News Summaries
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