English Dictionary

Say's law

/ˈseɪz ˈlɔː/

name

(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.

Say's law is an economic principle that states that supply creates its own demand.

意味（1）

(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.

In accordance with Say's law, if only Mexican wages are paid for products, then these products must eventually and inescapably be sold at Mexican prices, not American prices.