What is trickle-down development?

What is trickle-down development?

Trickle-down economics, or “trickle-down theory,” states that tax breaks and benefits for corporations and the wealthy will trickle down to everyone else. It argues for income and capital gains tax breaks or other financial benefits to large businesses, investors, and entrepreneurs to stimulate economic growth.

What is the trickle down theory sociology?

The trickle-down effect is a model of product adoption in marketing that affects many consumer goods and services. It states that fashion flows vertically from the upper classes to the lower classes within society, each social class influenced by a higher social class.

What is another word for trickle-down?

What is another word for trickle-down effect?

result consequence
flow-on effect upshot
aftermath fruit
repercussion backwash
precipitate spin-off

What is the deficiency theory?

deficiency theories rests on the assumption that the. reason racial groups are where they are is because of. basic defects endemic to the structure of their groups, particularly supposed defects as manifested in such. basic groups as the black family.

What is the meaning of trickle down economics?

The trickle-down theory (otherwise known as trickle-down economics) postulates that applying special tax cuts to the rich and wealthy as well as bigger corporations with benefit the society, by later affecting everyone else.

When was trickle down theory first used as an adjective?

The Merriam-Webster Dictionary notes that the first known use of “trickle-down” as an adjective meaning “relating to or working on the principle of trickle-down theory” was in 1944 while the first known use of “trickle-down theory” was in 1954.

How is trickle down theory related to Reaganomics?

The assumption, of course, is that all members of society benefit from higher economic growth. Trickle-down theory is closely related to the general principles of supply-side economics, or Reaganomics, which called for widespread tax cuts, decreased social spending, and deregulation.

Which is the opposite of the trickle down movement?

The trickle-up pattern of fashion is the opposite of the trickle-down movement. That is, specific fashion trends and looks start from lower-income groups, or the “streets,” and then work their way up through the hierarchy of society. Designer Chanel is one of the most popular supporters of the trickle-up pattern of fashion distribution.

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