diseconomy
|dis-e-con-o-my|
C1
/ˌdɪsɪˈkɒnəmi/
inefficiency with scale
Etymology
Etymology Information
'diseconomy' originates from the prefix 'dis-' meaning 'opposite of' and 'economy' from Greek 'oikonomia' meaning 'household management'.
Historical Evolution
The term 'diseconomy' evolved from the combination of 'dis-' and 'economy' to describe inefficiencies in large-scale operations.
Meaning Changes
Initially, it referred to any inefficiency, but now it specifically relates to increased costs with scale.
Meanings by Part of Speech
Noun 1
a situation where the cost of production increases as the scale of production increases.
The factory faced a diseconomy of scale as it expanded beyond its optimal size.
Synonyms
Antonyms
Last updated: 2025/01/11 11:35