supply-side economics
Supply-side economics is an economic theory that focuses on increasing the production and supply of goods and services as a means to stimulate economic growth and improve overall prosperity. It emphasizes reducing tax rates, minimizing government regulations, and encouraging investment to incentivize businesses and individuals to produce and supply more, aiming to generate higher employment, income, and economic output.
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Related Concepts (2)
Similar Concepts
- demand-side economics
- economic dynamics
- economic expansion
- economic liberalism
- economic planning
- economic recovery
- economic reforms
- economic stimulus
- economic stimulus measures
- economic systems
- free-market capitalism
- government intervention in the economy
- keynesian economics
- market economy
- tax reforms to promote economic growth