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Economic Definition of supply-side economics. Defined.

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Term supply-side economics Definition: A branch of economics that emphasizes the productive capabilities of resources, especially in the context of macroeconomic instability and economic growth. Supply-side economics became popular in the 1980s after several decades of Keynesian "demand-side" economics. Supply-side proponents contended that policies aimed at the demand-side alone, especially fiscal policies, was causing economic stagnation. One note result of supply-side economics was the developed of the aggregate market, which combined existing demand-side economics with the newly emerging focus on the supply-side.

 

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