| 单词 | ratchet effect |
| 释义 | > as lemmasratchet effect ratchet effect n. originally Economics an effect whereby a trend or tendency in cost, demand, etc., is maintained incrementally so that it becomes, or appears to become, irreversible; also in extended use. ΘΚΠ society > authority > rule or government > politics > party politics > [noun] > departure from party principles > acquiescence in changes ratchet effect1950 1950 Jrnl. Business Univ. Chicago 23 88/1 Where demand is maintained at going prices, as by government orders, the ratchet effect may be found on the demand as well as on the cost side. 1977 New Society 31 Mar. 643/2 One of the curiosities of political life is what you might call the ‘ratchet effect’. This is the process by which one party makes the running over an issue, and gradually winds the other (or others) along after it. 1985 Rev. Econ. & Statistics 67 497/1 The influence of the ‘ratchet effect’—prices being revised upwards following devaluations, but not adjusted downwards following revaluations—on domestic prices should also be considered. 2007 Evening Standard (Nexis) 26 Feb. 37 Cosmetic surgery has a ratchet effect—if one person does it, others follow in order to keep up. < as lemmas |
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