Results 1 to 2 of 2
  1. #1
    Join Date
    Aug 2006
    Posts
    189
    Post Thanks / Like

    Exclamation trickle down theory

    "Prime Minister Manmohan Singh's appeal to the industry to resist paying exorbitant salaries to its senior executives to reduce conspicuous consumption is impracticable. As one responsible for initiating the economic reforms and implementing them for a large part of over a decade-and-a half - propagating the trickle down theory and the market-as-penacia for all economic ills - who is Dr. Singh trying to convince? Did he not ignore the advice that the reforms he and his coterieinitiated would give rise to glaring inequalitis? " What is trickle down theory in the above paragraph?

  2. #2
    Tdol is offline Editor, UsingEnglish.com
    • Member Info
      • Member Type:
      • English Teacher
      • Native Language:
      • British English
      • Home Country:
      • UK
      • Current Location:
      • Japan
    Join Date
    Nov 2002
    Posts
    43,401
    Post Thanks / Like

    Default Re: trickle down theory

    'Trickle down' is the idea that if people are the top-end of the economy are doing well, money will move down through the economy to the poorer people.

Similar Threads

  1. Replies: 2
    Last Post: 14-May-2007, 12:58
  2. the theory goes...
    By beeja in forum Ask a Teacher
    Replies: 2
    Last Post: 08-Dec-2006, 16:53
  3. Victim theory
    By ViperPiper in forum Ask a Teacher
    Replies: 1
    Last Post: 13-Mar-2006, 13:33
  4. dropped to a trickle
    By NewHope in forum Ask a Teacher
    Replies: 1
    Last Post: 12-Sep-2004, 13:51
  5. grounded theory
    By Anonymous in forum Ask a Teacher
    Replies: 1
    Last Post: 09-Aug-2004, 23:57

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •