local economy — the economy in a particular area or community
collocationB1IELTS 5+neutralcommon
The system of money, jobs, and businesses in a specific town, city, or region, not the whole country.
Say it like a native
Textbook The pecuniary system of the immediate region benefits from tourism.
Native Tourism boosts the local economy.
'The local economy' is the term; 'pecuniary system of the region' is jargon.
Pattern: the local economy; a strong/weak local economy; boost/support/hurt the local economy
In use
- Tourism brings a lot of money into the local economy.daily life
- In my opinion, supporting small businesses is important because it helps the local economy grow.IELTS speaking
Common mistake
✗ It helps to the local economy.
✓ It helps the local economy. / boosts the local economy.
'Help' takes the object directly — no 'to'.
Common collocations
the local economy— boost, support, hurt, stimulate
Don't confuse it
Contrast with 'national economy', which means the economy of an entire country.