单词	underconsumption
释义	underconsumption /ˌʌndəkənˈsʌmpʃ(ə)n / noun [mass noun] Economics The purchase of goods and services at a level lower than that of their supply.The model, which seeks to offset underconsumption in the private sector by increased public sector spending, was destined to failure precisely because it ignored land speculation.... The latter, they said, also creamed off part of ‘surplus value,’ and so created the conditions for underconsumption. Searching for an alternative program, Roosevelt embraced the ideas of advisers who believed that the fundamental problem of the Great Depression was underconsumption.
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