单词 | underconsumption |
释义 | underconsumption/ˌʌndəkənˈsʌmpʃ(ə)n /noun [mass noun] Economics The purchase of goods and services at a level lower than that of their supply.The model, which seeks to offset underconsumption in the private sector by increased public sector spending, was destined to failure precisely because it ignored land speculation....
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