pump priming definition

pump priming

Injection of (relatively small) sums of money by a government into a depressed economy through commissioning of public works. Its objective is to increase purchasing power of people that will stimulate demand which in turn will boost private sector investment ... and so more and more money will be pumped into the economy.

pump priming is in the Economics, Politics, & Society subject.

pump priming appears in the definition of the following term: public works

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