What context can I use each word in?
Learn when and how to use these words with these examples!
economy
Example
The economy of this country is heavily reliant on tourism. [economy: noun]
Example
The government implemented policies to boost the economy. [economy: noun]
industry
Example
The automotive industry is a major contributor to the economy. [industry: noun]
Example
She works in the fashion industry as a designer. [industry: noun]
Good things to know
Which word is more common?
Economy is a more common word than industry in everyday language, as it is a broader concept that encompasses various aspects of economic activity. However, industry is commonly used in business and economic contexts to refer to specific sectors or groups of businesses.
What’s the difference in the tone of formality between economy and industry?
Both economy and industry can be used in formal and informal contexts, but industry is more commonly used in business and technical contexts, while economy is more versatile and can be used in various formality levels.
