Nearly 32% of Metro Miami's growth in 2011 was foreign-born, and more than half went on to become US citizens. While South Florida's population has been fairly stagnant for a decade, it's starting an unexpected shift upward, with Miami-Dade's population growing 2.1% in one year.
economy. 1  thrifty management; frugality in the expenditure or consumption of money, materials, etc. 2  an act or means of thrifty saving; a saving: He achieved a small economy by walking to work instead of taking a bus. 3  the management of the resources of a community, country, etc., especially with a view to its productivity.
From Wikipedia, the free encyclopedia. A traditional economy is an original economic system in which traditions, customs, and beliefs shape the goods and the services the economy produces, as well as the rules and manner of their distribution. Countries that use this type of economic system are often rural and farm-based.