microeconomy

plural microeconomies · alternative micro-economy

1. A very small economy.

   1 more example

   Rediker looks not at that bigger picture but at the slave ship itself, as a microeconomy where the captain was chief executive, jailer, accountant, paymaster and disciplinarian, exercising these roles by maintaining, from his spacious captain’s cabin in a very unspacious ship, the mystique of what later military leaders would call command isolation.

   2007 October 21, Adam Hochschild, “Voyage of the Damned”, in The New York Times, archived from the original on 28 Aug 2017