underconsumption

underconsumption读音音标

英 [ʌndɜ:kən\'sʌmpʃn]

美 [ʌndɜkən\'sʌmpʃn]

underconsumption意思解释

释义

消费不足，消费压制；

英英释义

In underconsumption theory in economics, recessions and stagnation arise due to inadequate consumer demand relative to the amount produced. The theory formed the basis for the development of Keynesian economics and the theory of aggregate demand after the 1930s.