Business, Legal & Accounting Glossary
A theory of economics created by John Maynard Keynes, stating that the economy is driven by total demand from the government, businesses, and households. Demand Side Economics states that recessions can be avoided or fixed by stimulating demand through government actions aimed at boosting investment and spending by consumers and businesses. Also called Keynesianism.
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This glossary post was last updated: 20th November, 2021 | 0 Views.