Supply-side (adjective)

Relating to or being a theory or policy that emphasizes increasing the productive capacity of the economy and the incentives to produce goods and services rather than controlling demand to reduce inflation and increase growth.

Origin:

The term "supply-side" is a combination of "supply" which refers to the production and availability of goods and services, and "side" which refers to a perspective or approach. the term originated in the 1970s in the field of economics.

Examples:

1. The government has adopted a supply-side economic policy to boost economic growth.
2. The supply-side approach focuses on reducing taxes and regulations to encourage business growth.
3. The economist advocated for a supply-side solution to the unemployment problem.
4. Critics argue that supply-side policies primarily benefit the wealthy.
5. The supply-side theory holds that increasing the production of goods and services will lead to lower prices and increased economic growth.