Definition, Meaning & Synonyms
reduce-demand
verb
/rɪˈdjuːs dɪˈmænd/
Definition
To decrease the need or desire for a particular product, service, or resource.
Examples
- The government aims to reduce demand for fossil fuels by promoting renewable energy sources.
- Strategies to reduce demand in the housing market can help maintain affordable prices.
- Public transportation initiatives are designed to reduce demand for personal vehicles in urban areas.
Meaning
The act or process of lowering the quantity or level of demand for something.
Synonyms
- curb demand
- lower demand
- decrease demand
