Spin-off Effect

From Conservapedia

Jump to: navigation, search

In relation to Economics, a Spin-off Effect is the reaction to a new injection of capital in an economy. For example, if a Multinational Company builds a plant in a mid sized town that employs five hundred people, not only will demand for general consumer goods, property etc. increase as a result (Causing more employment) but smaller, local firms will inevitably set up to sell goods that needed to be used in the plant.

Personal tools