Definition, Meaning & Synonyms
trickle-down
Adjective
/ˈtrɪk.əl.daʊn/
Definition
A theory in economics that suggests benefits provided to the wealthy will eventually be passed down to the rest of the population.
Examples
- The trickle-down effect of tax cuts can lead to job creation.
- Many economists debate the validity of trickle-down economics.
- Critics argue that trickle-down policies primarily benefit the rich.
Meaning
Trickle-down refers to an economic concept where wealth generated at the top of the economic hierarchy is believed to benefit all members of society.
Synonyms
- Supply-side
- Top-down
- Conservative economic theory
