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God’s creation and management of the world, particularly His plan for salvation accomplished through the Church.
From the Greek oikonomia (economy), literally, “management of a household” or “stewardship.” Also called the divine economy.
CCC 1076 “The Church was made manifest to the world on the day of Pentecost by the outpouring of the Holy Spirit. The gift of the Spirit ushers in a new era in the dispensation of the mystery -- the age of the Church, during which Christ manifests, makes present, and communicates his work of salvation through the liturgy of the Church, until he comes. In this age of the Church Christ now lives and acts in and with his Church, in a new way appropriate to this new age. He acts through the sacraments in what the common Tradition of the East and the West calls the sacramental economy; this is the communication (or dispensation) of the fruits of Christ’s Paschal mystery in the celebration of the Church’s sacramental liturgy.”
CCC 1093 “In the sacramental economy the Holy Spirit fulfills what was prefigured in the Old Covenant. Since Christ’s Church was prepared in marvellous fshion in the history of the people of Israel and in the Old Covenant, the Church’s liturgy has retained certain elements of the worship of the Old Covenant as integral and irreplaceable, adopting them as her own: -- notably, reading the Old Testament; -- praying the Psalms; --above all, recalling the saving events and significant realities which have found their fulfillment in the mystery of Christ (promise and covenant, Exodus and Passover, kingdom and temple, exile and return).”
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