economization Antonyms
No Synonyms and anytonyms found
Meaning of economization
Webster
economization (n.)
The act or practice of using to the best effect.
economization Sentence Examples
- The government implemented various measures for economization as part of its budget-cutting strategy.
- The company's economization plan involved downsizing, restructuring, and cost-saving initiatives to improve its financial health.
- The organization focused on economization and efficiency to maximize its resources and achieve its goals without compromising quality.
- The economization drive in the manufacturing sector led to the optimization of processes, reducing production costs, and maintaining competitiveness.
- The household employed economization techniques, such as bulk purchasing, energy conservation, and meal planning, to manage their budget effectively.
- The architect designed the building with economization in mind, incorporating energy-efficient features and sustainable materials to minimize operating costs.
- The economization efforts in the supply chain management system resulted in reduced transportation costs, lower inventory levels, and improved supplier relationships.
- The economization policies introduced by the central bank aimed to curb inflation, stabilize the currency, and promote economic growth.
- Economization in the healthcare industry was achieved through the use of generic drugs, telemedicine, and preventive care programs to reduce overall healthcare expenditure.
- The country embarked on an economization program to address its fiscal deficit, which involved tax reforms, public expenditure cuts, and increased revenue collection.
FAQs About the word economization
The act or practice of using to the best effect.
No synonyms found.
No antonyms found.
The government implemented various measures for economization as part of its budget-cutting strategy.
The company's economization plan involved downsizing, restructuring, and cost-saving initiatives to improve its financial health.
The organization focused on economization and efficiency to maximize its resources and achieve its goals without compromising quality.
The economization drive in the manufacturing sector led to the optimization of processes, reducing production costs, and maintaining competitiveness.
