underconsumption
1Underconsumption — Un der*con*sump tion, n. (Polit. Econ.) Consumption of less than is produced; consumption of less than the usual amount. F. A. Walk?r. [1913 Webster] …
2underconsumption — [spelling only] …
3Underconsumption — In underconsumption theory, recessions and stagnation arise due to inadequate consumer demand relative to the amount produced. It is an old concept in economics, going back to Thomas Malthus if not earlier. The concept of underconsumption had… …
4underconsumption — n. * * * …
5underconsumption — noun Insufficient consumption (for financial stability) …
6underconsumption — | ̷ ̷ ̷ ̷ ̷ ̷| ̷ ̷ ̷ ̷ noun Etymology: under (III) + consumption : consumption of less than is produced that is caused by insufficient purchasing power and is a cause of business depression …
7Keynesian economics — Economics …
8Overproduction — This article is about the economic concept of overproduction. For the musical term, see overproduction (music). In economics, overproduction, oversupply or excess of supply refers to excess of supply over demand of products being offered to the… …
9John A. Hobson — John Atkinson Hobson (July 6, 1858 – April 1, 1940), commonly known as John A. Hobson or J. A. Hobson, was an English economist and imperial critic, widely popular as a lecturer and writer.LifeJohn Atkinson Hobson was born in Derby, England, the… …
10Business cycle — Economics …
