Definition of Underconsumption. Meaning of Underconsumption. Synonyms of Underconsumption

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Definition of Underconsumption

Underconsumption
Underconsumption 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.

Meaning of Underconsumption from wikipedia

- Underconsumption is a theory in economics that recessions and stagnation arise from an inadequate consumer demand, relative to the amount produced. In...
- with the possibility of unemployment. The demand side equivalent is underconsumption; some consider supply and demand two sides to the same coin – excess...
- Lenin, and his theory of underconsumption. His prin****l and earliest contribution to economics was the theory of underconsumption, a scathing criticism...
- ****ociated imperialism with the growth of monopoly capital and a subsequent underconsumption crisis. Hobson argued that the growth of monopolies within capitalist...
- critique of political economy Kondratiev wave and Kuznets swing Theory of Underconsumption Creative destruction Crisis theory Quantitative Economic History World-systems...
- glut Model Overproduction Paradox of thrift Price-and-wage stickiness Underconsumption Business cycle Deflation/Inflation Chronic classical dichotomy Disinflation...
- the rate of profit to fall, reserve army of labour Overproduction, underconsumption and demand shortfall Consolidation (business), market concentration...
- establishment. An intellectual precursor of Keynesian economics was underconsumption theories ****ociated with John Law, Thomas Malthus, the Birmingham School...
- Yaffe noted in 1972 that "... p****ages in Volume III referring to the underconsumption of the m****es in no way can be interpreted as an underconsumptionist...
- 2022. Retrieved 18 February 2022. Allgoewer, Elisabeth (May 2002). "Underconsumption theories and Keynesian economics. Interpretations of the Great Depression"...