economic consequences

Language: en

📖 Definitions

  1. The financial or economic results, effects, or impacts that follow from a particular event, policy, decision, or action.; A specific book by John Maynard Keynes (1919) analyzing the reparations imposed on Germany after World War I and their potential impact on global stability.

💬 Examples

  1. The government failed to anticipate the severe economic consequences of the new tax policy.

  2. Keynes's 'Economic Consequences' argued that the peace treaty would lead to economic chaos in Europe.