underconsumption
- noun
- /ˌʌndərkənˈsʌmpʃən/
- Specialized
- The New Dealers believed that the Depression resulted from underconsumption.
Examples
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Hydrogen cannot, on its own, entirely solve each of these complex problems, which are affected not only by fuel supply but also by such factors as population, over- and underconsumption, sprawl, congestion, and vehicle dependence.
Academic text (2001) -
By stifling demand, sluggish or negative population growth could exacerbate, or even precipitate, "underconsumption" -- and a crisis of unemployment.
Academic text (1997) -
The wiki article says the Keynesian explanation is underconsumption.
Blog text (34) -
The result was that Keynes's theory of underinvestment and underconsumption during periods of slow or negative economic growth came to dominate economic theory for several decades.
Academic text (1999) -
While governments preside over economic policies that make the very rich even richer, national consumption needs to be boosted in some way to avoid underconsumption ending in outright deflation.
Blog text (31) -
Many experts warn that prolonged underconsumption can lead to economic instability and increased unemployment.
-
The underconsumption of goods during the recession resulted in significant losses for manufacturers.
-
To prevent underconsumption, the government introduced programs to stimulate consumer spending.
Synonyms
An amount that is more than what is needed
A very large supply of something that lowers its price
Too much of something like goods or houses that makes prices fall
There are more products or shops than customers, causing low sales
Keeping money or other resources instead of spending them now
Using less money than planned or needed
Antonyms
How Much
Surface Forms
Morphology
underconsumption = consumption (transparent) = under + consumption
The meaning is directly derived from the prefix 'under-' (insufficient) added to 'consumption', yielding 'insufficient consumption'.
Etymology
Underconsumption combines under- ('not enough' or 'below') and consumption (from consume, 'to buy or use'). So it literally means 'not enough buying', when people buy less than is made and shops or factories have unsold goods.