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Economite

noun
Econ·​o·​mite | \-ˌmīt\
plural -s

Definition of Economite 

: one of a group of Harmonites who in 1803 settled in Pennsylvania, who in 1825 formed the settlement of Economy, Pennsylvania, and whose religious community came to an end in 1903 following the introduction of celibacy in 1807

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History and Etymology for Economite

Economy (now Ambridge), Pennsylvania + English -ite

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