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Definition of consumer economy noun from the Oxford Advanced Learner's Dictionary

consumer economy

noun
 
/kənˌsjuːmər ɪˈkɒnəmi/
 
/kənˌsuːmər ɪˈkɑːnəmi/
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  1. an economic system that depends on people buying a lot of goods and services rather than on production
    • Eastern Europe's emerging consumer economies are prime targets for credit card growth.
    Topics Moneyb2
See consumer economy in the Oxford Advanced American Dictionary
Check pronunciation: consumer economy

Nearby words

brink
noun
 
 
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Danger
C2
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