What does trickle-down effect mean?
Definitions for trickle-down effect
trickle-down effect
This dictionary definitions page includes all the possible meanings, example usage and translations of the word trickle-down effect.
Wikipedia
Trickle-down effect
The trickle-down effect is a model of product adoption in marketing that affects many consumer goods and services. It states that fashion flows vertically from the upper classes to the lower classes within society, each social class influenced by a higher social class. Two conflicting principles drive this diffusion dynamic. Lesser social groups seek to establish new status claims by adopting the fashions of higher social groups in imitation, whilst higher social groups respond by adopting new fashions to differentiate themselves. This provokes an endless cycle of change, driving fashion forward in a continual process of innovation.Due to this dynamic, 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.
Numerology
Chaldean Numerology
The numerical value of trickle-down effect in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of trickle-down effect in Pythagorean Numerology is: 8
Examples of trickle-down effect in a Sentence
The retailers are scared that the consumer is not going to be able to afford products so it's a trickle-down effect. And the cost of crib, or a child's bed or car-seat or bassinet is going up by 25%, if not more. The average middle American can't afford it.
It’s a trickle-down effect, when the casinos are doing well the city does well—from the mom and pop shops to the summer employees.
Translations for trickle-down effect
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"trickle-down effect." Definitions.net. STANDS4 LLC, 2024. Web. 6 May 2024. <https://www.definitions.net/definition/trickle-down+effect>.
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