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Underconsumption

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Underconsumption
The reduction of demand by consumers. That is, underconsumption is the desire of consumers to buy fewer goods. Some early Keynesian thinkers believed that underconsumption causes recessions or stagnation, but most now argue that aggregate demand consists of more than consumption. Classical and Austrian School economists reject the notion that underconsumption is harmful.


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The flip side is chronic underconsumption within China and its overdependence on export-led growth.
In terms of health, overconsumption of salt is more of a concern than underconsumption.
The underconsumption problem associated with copyright would then be eliminated.
 
 
 
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