Question

HELPPPPP MEEE In 125 words, briefly explain the concept of trickle-down economics.

Answer 1

The concept that if high-income earners receive a raise in salary, everyone in the economy would benefit as their increased income and wealth trickles down to all areas of society is known as trickle down economics. If the wealthiest people get richer, then. Trickle-down economics, often known as trickle-down theory, is an economic theory that states that taxes on companies and the rich should be cut in order to promote short-term corporate investment while benefiting society as a whole in the long run.

Answer 2

Answer:

Trickle-down economics, also called trickle-down theory, refers to the economic proposition that taxes on businesses and the wealthy in society should be reduced as a means to stimulate business investment in the short term and benefit society at large in the long term.

Trickle down economics is a term used to describe the belief that if high-income earners gain an increase in salary, then everyone in the economy will benefit as their increased income and wealth filter through to all sections in society. If the richest gain an increase in wealth, then.

Explanation:

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