TRICKLE DOWN Meaning and
Definition
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Trickle down refers to an economic theory that suggests, primarily from a fiscal perspective, that when benefits or advantages are provided to the wealthy or higher-income individuals, those benefits will eventually lead to gains for the lower-income segment of society. It is believed that financial advantages given to the upper strata will gradually 'trickle down' to the less privileged, eventually improving their economic condition.
Proponents of this theory argue that when the affluent receive tax cuts, reduced regulations, or other favorable policies, they are encouraged to invest more in businesses and create job opportunities. As these businesses grow, they generate higher employment rates, wage increments, and potentially reduce the prices of goods and services. Thus, it is believed that the benefits initially received by the wealthy eventually circulate through society, reaching those of lower socioeconomic status.
However, trickle-down economics receives criticism from skeptics who argue that the theory fails to consider the possibility that the wealthy may not necessarily invest their additional capital into sectors that directly benefit the less affluent. Skeptics also contend that this approach often leads to increased income inequality, as the wealthy may primarily use their advantages to accumulate even greater wealth for themselves without significantly aiding the less fortunate.
In conclusion, trickle down refers to an economic theory that proposes wealth and advantages bestowed upon the affluent will gradually extend to the lower-income groups, ultimately benefiting the entirety of society.
Common Misspellings for TRICKLE DOWN
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Etymology of TRICKLE DOWN
The term "trickle down" originated in the mid-20th century and has its roots in economics. It is often used to refer to the theory of "trickle-down economics", which suggests that policies geared towards benefiting the wealthy and powerful will ultimately benefit society as a whole.
The term itself is metaphorical, comparing the movement of wealth from the rich to the poor with the slow and gradual flow of water trickling down from a higher point. The concept implies that as the wealthy accumulate more capital and resources, these will eventually "trickle down" to the less affluent members of society.
However, it is essential to note that "trickle-down economics" is a highly debated theory, with critics arguing that it is ineffective and tends to exacerbate wealth inequality.
Idioms with the word TRICKLE DOWN
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trickle down
The idiom "trickle down" refers to the theory that benefits provided to the wealthy or powerful will eventually benefit those with less wealth or power as well. It suggests that economic or social advantages will slowly disseminate from the upper levels of society to the lower levels.
Similar spelling word for TRICKLE DOWN
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