Written by the Fiveable Content Team • Last updated August 2025
Verified for the 2027 exam
Verified for the 2027 exam•Written by the Fiveable Content Team • Last updated August 2025
Definition
The process by which an initial increase in spending generates additional rounds of spending and economic activity, amplifying overall economic growth.
AP course connection
Topic 7.7: 7.7 Changes as a Result of the World Economy