Answer :
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:
Both are from the question "Define trickle-down economics" on brainly
Theoretically, trickle-down economics is also known as trickle-down theory. It refers to the economic concept of lowering taxes for corporations and the rich in society.
What is the Trickle-down economics?
Trickle-down economics is an economic explanation that maintains that taxes on business firm and the moneyed should be cut back to boost short-term corporate investment.
The concept that if high-income earners receive a raise in salary, everyone in the economy would benefit as their altered income and wealthiness trickles fallen to every region of society is known as trickle-down economics.
Therefore, the trickle-down economics is maintaining the taxes.
Learn more about the Trickle-down economics, refer to:
https://brainly.com/question/12137957
#SPJ2