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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 noun from the Cambridge Business English Dictionary © Cambridge University Press)
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