multiplier process

What Is A Multiplier Effect In Geography?

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What Is A Multiplier Effect In Geography? The introduction of a new industry or the expansion of an existing industry in an area also encourages growth in other industrial sectors. This is known as the multiplier effect which in its simplest form is how many times money spent circulates through a country’s economy. What is

What Is The Multiplier Effect Simple Definition?

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What Is The Multiplier Effect Simple Definition? The multiplier effect is the proportional amount of increase or decrease in final income that results from an injection or withdrawal of spending. What does the multiplier effect do? An effect in economics in which an increase in spending produces an increase in national income and consumption greater