- supply side
-
supply-side economic ideas emphasize making the best use of capital. Supply-side economists have persuaded many right-wing governments to introduce lower taxes and to encourage saving, believing that this will make capital more productive over longer periods of time through greater investment, rather than just influence demand immediately— supply side noun [singular]— supply-sider noun [countable] :
• Supply-siders among Republicans are hoping for more tax cuts before the end of the year.
— compare demand-side* * *
Ⅰ.supply side noun [S]► the part of a country's economy that involves producing goods and supplying services: »The country's main constraints to growth are on the supply side.
Ⅱ.supply side UK US adjective [before noun] (also supply-side) ECONOMICS► relating to the supply side of the economy: »What are the main supply-side problems in the area?
► relating to the idea that the economy will grow faster if taxes are low and investment is encouraged: »They see supply-side policies and market liberalization as the way forward.
Financial and business terms. 2012.