Definitions for "multiplier effect"
The idea that once one successful business grows in an area, other businesses will benefit and expand as well.
The idea that a small increase in spending by consumers, businesses, or government can cause large changes in economic production. The multiplier also works in reverse when spending decreases. View Capstone Lesson(s) that address this concept
The flow of spending through a community from tourism activities.
The expansion of the money supply that results from a Federal Reserve System...
The leveraged power of loan expansion enjoyed by commercial banks using reserve balances as a base requirement.
The expansion of a country's money supply that results from the collective of member banks being able to lend more money than they take in.
Direct or indirect consequences of an action, a knock-on effect e.g when an industry locates somewhere and others are attracted because of it.
The knock on impact of direct project investment. For example, new jobs increase disposable incomes and hence demand, leading to more jobs.
a term used in systems thinking to describe the process by which changes in one field of human activity (subsystem) sometimes act to promote changes in other fields (subsystems) and in turn act on the original subsystem itself. An instance of positive feedback, it is thought by some to be one of the primary mechanisms of societal change.
The economic cycle of a booming market. It occurs when primary industrial employment increases, sparking the need for more service jobs. The higher population created by this in turn brings more people to fill support services. This cycle continues until the market is saturated with goods and services or the market declines.
a reinforcing cycle, e
process whereby one change sets in motion a sequence of events that result in decline or growth