The Opposite(Antonym) of “diseconomy”
The antonyms of diseconomy are economy and efficiency. The antonyms economy and efficiency convey a positive connotation, implying the ability to use resources effectively and efficiently.
Explore all Antonyms of “diseconomy”
Definitions and Examples of economy, efficiency
Learn when and how to use these words with these examples!
The efficient and careful use of resources, such as money, time, or materials.
Example
The company's economy measures helped them save money and increase profits.
The ability to do something in a way that achieves maximum productivity with minimum wasted effort or expense.
Example
The new production process improved efficiency and reduced the time it took to manufacture the product.
Key Differences: economy vs efficiency
- 1Economy refers to the careful use of resources, while efficiency refers to the ability to achieve maximum productivity with minimum waste.
- 2Economy is a complementary antonym, while efficiency is a gradable antonym.
Effective Usage of economy, efficiency
- 1Business: Use economy and efficiency to describe cost-saving measures and effective resource management.
- 2Academics: Incorporate these antonyms in discussions about economics, business, and management.
- 3Everyday Life: Utilize these words to describe personal habits that promote effective resource management and productivity.
Remember this!
The antonyms economy and efficiency convey a positive connotation, implying the ability to use resources effectively and efficiently. Economy refers to the careful use of resources, while efficiency refers to the ability to achieve maximum productivity with minimum waste. These antonyms can be used in various contexts, such as business, academics, and everyday life.
