English Explanatory Dictionary

Say's law

English dictionary entry

Meanings

name
  1. 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.

Pronunciation

/ˈseɪz ˈlɔː/

Word forms

Say's law

Etymology

After Jean-Baptiste Say (1767-1832), a French economist and businessman.

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