What is another word for economy of abundance?

Pronunciation: [ɪkˈɒnəmi ɒv ɐbˈʌndəns] (IPA)

Economy of abundance refers to an economic system characterized by excess supply of goods and services and limited demand. Synonyms for economy of abundance include oversupply, glut, surplus economy, surplus production, overproduction, excess economy, abundance economy, and plenty economy. These synonyms highlight the abundance of goods and services available in such an economy. However, they also suggest a lack of balance between supply and demand, which can lead to economic challenges such as waste, price fluctuations, and market instability. Overall, understanding these synonyms can help individuals gain a better understanding of the different aspects of an economy of abundance.

Synonyms for Economy of abundance:

  • Other relevant words:

    commerce

What are the hypernyms for Economy of abundance?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    abundance mindset, abundant living, Abundance economy, Abundance mindset mentality, Abundance-based economics, Resource abundance, Wealth economics.

Famous quotes with Economy of abundance

  • It is a major defect of our present organized system and the economy of abundance that, without providing great goals, it has taken away some of the important real necessities, leaving people with nothing to do. The void is soon filled. Behavior like going into debt on the installment plan, gives an artificial but then real necessity, something to do, paying up. This is the Rat Race, but I doubt that it would be run if people did not need its justifying necessity, for the commodities themselves are not that attractive.
    Paul Goodman

Related words: the economy of abundance, the economy of abundance and spirituality, the economy of abundance and materialism, the economy of abundance definition, the economy of abundance and society, the economy of abundance and consumption, the economy of abundance and consumption essay

Related questions:

  • What is the definition of the economy of abundance?
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