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Overproduction and Say's law

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Overproduction and Say's law

Overproduction vs. Say's law

In economics, overproduction, oversupply, excess of supply or glut refers to excess of supply over demand of products being offered to the market. In classical economics, Say's law, or the law of markets, states that aggregate production necessarily creates an equal quantity of aggregate demand.

Similarities between Overproduction and Say's law

Overproduction and Say's law have 6 things in common (in Unionpedia): John Maynard Keynes, Karl Marx, Supply creates its own demand, Underconsumption, Unemployment, Use value.

John Maynard Keynes

John Maynard Keynes, 1st Baron Keynes (5 June 1883 – 21 April 1946), was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.

John Maynard Keynes and Overproduction · John Maynard Keynes and Say's law · See more »

Karl Marx

Karl MarxThe name "Karl Heinrich Marx", used in various lexicons, is based on an error.

Karl Marx and Overproduction · Karl Marx and Say's law · See more »

Supply creates its own demand

"Supply creates its own demand" is the formulation of Say's law.

Overproduction and Supply creates its own demand · Say's law and Supply creates its own demand · See more »

Underconsumption

In underconsumption theory in economics, recessions and stagnation arise due to inadequate consumer demand relative to the amount produced.

Overproduction and Underconsumption · Say's law and Underconsumption · See more »

Unemployment

Unemployment is the situation of actively looking for employment but not being currently employed.

Overproduction and Unemployment · Say's law and Unemployment · See more »

Use value

Use value (German: Gebrauchswert) or value in use is the utility of consuming a good—the want-satisfying power of a good or service in classical political economy.

Overproduction and Use value · Say's law and Use value · See more »

The list above answers the following questions

Overproduction and Say's law Comparison

Overproduction has 34 relations, while Say's law has 58. As they have in common 6, the Jaccard index is 6.52% = 6 / (34 + 58).

References

This article shows the relationship between Overproduction and Say's law. To access each article from which the information was extracted, please visit:

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