Concept information
Preferred term
supply-side economics
Definition
- SUPPLY-SIDE ECONOMICS is the body of thought that is concerned with government policy in relation to aggregate supply. It is an approach that stemmed from the reactions of policymakers, economists, and 20thcentury conservatives to the Keynesian revolution, which dominated economic thought from 1936 to the 1970s, when developed nations began experiencing low or negative economic growth. [Source: Encyclopedia of World Poverty; Supply-Side Economics]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/supply-side_economics
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