supply-side economics

noun

Definition of supply-side economics

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

Word by Word Definitions

supply-side play
  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

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

  2. : economic theory, principles, or practices

  3. : economic aspect or significance


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