cumulative causation

Definition

The economic principle that multiple changes are set in motion by a single event. The causation might be "forward" if the effects are positive, as in the case of the location of a new business generating more jobs, more investment opportunities, and a greater tax base for a community. The causation would be "backward" if a business closed, thereby creating the reverse effects of the opening of a new business. The chain reaction associated with cumulative causation is said to be created by the multiplier effect.

单词	cumulative causation
释义	cumulative causation Definition The economic principle that multiple changes are set in motion by a single event. The causation might be "forward" if the effects are positive, as in the case of the location of a new business generating more jobs, more investment opportunities, and a greater tax base for a community. The causation would be "backward" if a business closed, thereby creating the reverse effects of the opening of a new business. The chain reaction associated with cumulative causation is said to be created by the multiplier effect.
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