supply-side economics


Definition of supply-side economics


  1. :  a theory that reducing taxes especially for rich people will lead to an improved economy

Word by Word Definitions

  1. :  of, relating to, or being an economic theory that reduction of tax rates encourages more earnings, savings, and investment and thereby expands economic activity and the total taxable national income

  1. :  a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services

    :  economic theory, principles, or practices

    :  economic aspect or significance

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