Last Updated
:2025/12/04
Say's law
IPA(Pronunciation)
Proper noun
Japanese Meaning
経済学上の原理で、生産者は自らが生産した商品やサービスを購入するために十分な賃金が支払われなければならないという考え方。これは地域経済だけでなく、世界経済全体に適用されると解釈される。
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(economics) A principle whereby those who produce anything must be paid sufficiently to buy the products they make, whether it be in a local economy or the world economy.
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Say's law
When policymakers debate unemployment, they sometimes invoke Say's law to argue that production creates its own demand.
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When policymakers debate unemployment, they sometimes invoke Say's law to argue that production creates its own demand.
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