THE OLD ECONOMY


Meaning of THE OLD ECONOMY in English

ˌold eˈconomy BrE AmE ( also the Old Economy ) noun [singular]

an economic system that is based on older types of industry such as steel, energy, and machinery:

Is the Old Economy really dead?

—old economy adjective [only before noun] :

old economy practices

Longman Dictionary of Contemporary English.      Longman - Словарь современного английского языка.