economization in a sentence
n.
📚 Grade Level: Grade 11, Grade 12
Definition
Economization is the process of using resources more efficiently to minimize waste and maximize profitability or sustainability.
Sample Sentences
- The economization of resources is essential for sustainable development in today's economy.
- Through the process of economization, companies can significantly reduce waste and increase profitability.
- The government implemented policies aimed at the economization of energy to combat climate change.
- Her focus on economization allowed the non-profit organization to maximize its impact with limited funding.
- In times of financial crisis, economization becomes necessary for both individuals and businesses to survive.