Trickle-down effect

Trickle-down effect

The trickle-down effect is a marketing phenomenon that affects many consumer goods, including - but not limited to - new technology and fashion. Initially a product may be so expensive that only the wealthy can afford it. Over time, however, the price will fall until it is inexpensive enough for the general public to purchase. [Georg Simmel. "Fashion." "International Quarterly", Vol. 10 (1904). pp. 130-150.]

ee also

*Diffusion (business)

References


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  • trickle-down effect — trickle down ef.fect n [singular] a belief that additional wealth gained by the richest people in society will have a good economic effect on the lives of everyone because the rich people will put the extra money into businesses, ↑investments etc …   Dictionary of contemporary English

  • Trickle-Down-Effect — Der Begriff Trickle down Theorie (engl. trickle = sickern) bezeichnet die These, dass Wirtschaftswachstum und allgemeiner Wohlstand der Reichen nach und nach in die unteren Schichten der Gesellschaft durchsickern (Trickle down Effekt). Sie gehört …   Deutsch Wikipedia

  • trickle-down effect — noun (singular) a belief that additional wealth gained by the richest people in society will have a good economic effect on the lives of everyone …   Longman dictionary of contemporary English

  • trickle-down effect — /ˈtrɪkəl daʊn əfɛkt/ (say trikuhl down uhfekt) noun the purported benefits which flow to the poorer parts of the community from the entrepreneurial activities and resulting prosperity of the rich, especially in the form of availability of… …  

  • Trickle up effect — The trickle up effect is an economic theory used to describe the flow of wealth from the poor to the affluent; it is opposite to the trickle down effect.Relationship to the trickle down effectProponents of the trickle down… …   Wikipedia

  • trickle down — effect …   Dictionary of sociology

  • trickle-down effect — A term associated with neo classical economics , referring to the alleged tendency for economic growth in an unequal society to benefit the population as a whole, via the eventual downward percolation of wealth to the lowest strata. This thesis… …   Dictionary of sociology

  • Trickle-down economics — and trickle down theory, is the economic political argument that the increases in the earnings of the rich are good for the poor because some of those additional earnings will benefit the middle class and the poor through increased spending,… …   Wikipedia

  • trickle-down — ˈtrickle down adjective [only before a noun] ECONOMICS the trickle down effect is the belief that additional wealth gained by the richest people in society will have a good economic effect on the lives of everyone: • Bush was criticized for his… …   Financial and business terms

  • Trickle-down theory — can refer to two different but related concepts: *Trickle down effect, a model of product adoption in marketing *Trickle down economics, a rhetorical term for tax cuts on high incomes and business activity …   Wikipedia

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