In economics, the trickle-down theory is based on the assumption that the benefits of a policy that helps the capitalists will trickle down to the poorest of the poor; if the rich have more money to...


In economics, the trickle-down theory is based on the assumption that the benefits of a policy that helps the capitalists will trickle down to the poorest of the poor; if the rich have more money to spend, they will presumably invest more in business, create more jobs, and sell more goods to maximize their profits. Has this policy worked? Why or why not?



May 19, 2022
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