subeconomy

noun
sub·​econ·​o·​my | \ ˌsəb-i-ˈkä-nə-mē How to pronounce subeconomy (audio) , -ə-, -ē-\
variants: or sub-economy
plural subeconomies or sub-economies

Definition of subeconomy

: an economic system that is part of a larger economy the subeconomy of transient workers

First Known Use of subeconomy

1939, in the meaning defined above

Keep scrolling for more