Definition, Meaning & Synonyms
stimulate an economy
Phrase
/ˈstɪmjʊleɪtænɪˈkɒnəmi/
Definition
To encourage or promote economic growth or activity.
Examples
- Government spending can help stimulate an economy during a recession.
- Tax cuts for individuals may stimulate an economy by increasing disposable income.
- Investing in infrastructure projects is a common way to stimulate an economy.
Meaning
Stimulating an economy involves implementing measures that lead to increased consumer spending, investment, and overall economic performance.
Synonyms
- Boost an economy
- Revitalize an economy
- Incentivize economic activity
