EXPANSIONARY Meaning and
Definition
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Expansionary is an adjective that describes policies, economic conditions, or actions that are aimed at increasing economic activity and growth. It refers to measures taken by governments or central banks to stimulate the economy and encourage spending, investment, and employment.
In the context of fiscal policy, expansionary policies typically involve increasing government spending, reducing taxes, or both. By injecting more money into the economy through such measures, governments aim to create more demand for goods and services, leading to increased production, job creation, and overall economic expansion. Expansionary fiscal policies are often used during times of economic downturn or recession to combat low growth or stagnant economies.
Similarly, in the context of monetary policy, expansionary measures involve actions taken by central banks to lower interest rates, increase money supply, or both. Lower interest rates make borrowing cheaper and encourage businesses and consumers to take loans, invest, and spend more. This, in turn, boosts economic activity and promotes expansion.
Overall, an expansionary policy aims to stimulate economic growth, reduce unemployment, and increase output by stimulating demand and encouraging spending and investment. It is the opposite of contractionary policies, which seek to slow down an economy by reducing spending or tightening monetary policy to control inflation.
Top Common Misspellings for EXPANSIONARY *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for EXPANSIONARY
Etymology of EXPANSIONARY
The word "expansionary" is derived from the noun "expansion" with the addition of the suffix "-ary".
"Expansion" is derived from the Latin word "expandere", where "ex" means "out" and "pandere" means "to spread". Thus, "expandere" can be translated as "to spread out". The noun form of "expandere" is "expansio", which means "a spreading out" or "an extending".
The suffix "-ary" is frequently used in English to form adjectives from nouns, indicating a relationship, belonging, or association. Therefore, the addition of "-ary" to "expansion" creates the adjective form "expansionary", which means relating to or involving expansion.
Similar spelling words for EXPANSIONARY
- expansion bit,
- expansive,
- expansible,
- expansion,
- expansively,
- expansionism,
- expansile,
- expansivity,
- expansion slot,
- expansionist,
- expansive bit,
- expansion bolt.
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