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English definition of “supply-side economics”

supply-side economics

noun [U]
 
 
ECONOMICS economic thinking based on the idea that the supply side of the economy should be encouraged, for example by taxes being low, and that this will lead to economic growth: Advocates of supply-side economics want tax cuts for individuals and businesses and complete deregulation of financial systems.
(Definition of supply-side economics from the Cambridge Business English Dictionary © Cambridge University Press)
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