Trickle-down theory
Encyclopedia
"Trickle-down theory" can refer to two different but related concepts:
- Trickle-down effectTrickle-down effectThe trickle-down effect is a marketing phenomenon that affects many consumer goods. Initially a product may be so expensive that only the wealthy can afford it...
, a model of product adoption in marketing - Trickle-down economicsTrickle-down economics"Trickle-down economics" and "the trickle-down theory" are terms used in United States politics to refer to the idea that tax breaks or other economic benefits provided by government to businesses and the wealthy will benefit poorer members of society by improving the economy as a whole...
, a rhetorical term for tax cuts on high incomes and business activity