an economy based on agriculture and manufacturing as opposed to high technology; also, a former economic system or state
old economy, adj
Yes, this is the point with the diverging paths of ruin or redemption, and Heaven still vindicates the old economy.
But modern civilized society is able to survive without the rigid control of individual activities which the old economy entailed.
These are new standards not required by the old economy and not taught in the old meeting-house.
No mere education as to alleged right and wrong can plaster over the old economy with new ethical standards.
Righteousness was the principle of the old economy; grace is the principle of the new.
They stand at the transition from the old economy to the new.
He always, in this respect, reminded me of his grandfather, whom every one called 'old economy.'