Middle-out economics
id:
middle-out-economics-246-868632
title:
Middle-out economics
text:
Middle-out economics is a branch of demand-side macroeconomic theory. It identifies the buying power of the middle class as the necessary ingredient for job creation and economic growth. With consumption typically responsible for two-thirds of the gross domestic product in the Americas consumer spending is key. Middle-out economics maintains it is only the middle class that can create the aggregate demand necessary for business to support full employment levels. Given the wealthy's high propensi
brand slug:
wiki
category slug:
encyclopedia
description:
Economic theory
original url:
https://en.wikipedia.org/wiki/Middle-out_economics
date created:
date modified:
2023-09-27T06:55:10Z
main entity:
{"identifier":"Q55623069","url":"https://www.wikidata.org/entity/Q55623069"}
image:
fields total:
13
integrity:
14