subeconomy

noun

sub·​econ·​o·​my ˌsəb-i-ˈkä-nə-mē 

-ə-,

-ē-

variants or sub-economy

plural subeconomies or sub-economies

: an economic system that is part of a larger economy

the subeconomy of transient workers

Word History

First Known Use

1939, in the meaning defined above