strategy

Creating economic multiplier effects

Synonyms:
Building forward and backward economic linkages
Description:
National economic multiplier effects are defined as the ratio of the change in national income to the initial change in the sectoral investment. Thus, an initial investment of $1,000 may cause an increase in the national economy of $2,500 -- in which case the multiplier would be 2.5. Income multipliers would be how much income is created per unit of expenditure on income generation, and so on.
Subjects:
Construction
Economic
Type Classification:
C: Cross-sectoral strategies