/ English Dictionary |
SUPPLY-SIDE ECONOMICS
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
The school of economic theory that stresses the costs of production as a means of stimulating the economy; advocates policies that raise capital and labor output by increasing the incentive to produce
Classified under:
Nouns denoting cognitive processes and contents
Hypernyms ("supply-side economics" is a kind of...):
economic science; economics; political economy (the branch of social science that deals with the production and distribution and consumption of goods and services and their management)