Old economy


an economy based on agriculture and manufacturing as opposed to high technology; also, a former economic system or state
Word Origin

Usage Note

old economy, adj


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    [ohl-duh n] /ˈoʊl dən/ adjective, Literary. 1. of or relating to the distant past or bygone times; ancient. 2. . /ˈəʊldən/ adjective 1. an archaic or poetic word for old in olden days, in olden times adj. early 15c., from old + -en (2).

  • Oldenbarneveldt

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  • Old-english

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