Say's law
/ˈseɪz ˈlɔː/
Say's law proper noun: a principle whereby those who produce anything must be paid sufficiently to buy the products they make, whether it be in a local economy or the world economy.
Proper noun
Say's law
- A principle whereby those who produce anything must be paid sufficiently to buy the products they make, whether it be in a local economy or the world economy.
- In accordance with Say's law, if only Mexican wages are paid for products, then these products must eventually and inescapably be sold at Mexican prices, not American prices.
Origin of Say's law
After Jean-Baptiste Say (1767-1832), a French economist and businessman.
Questions about Say's law
- What does Say's law mean?
- Say's law means a principle whereby those who produce anything must be paid sufficiently to buy the products they make, whether it be in a local economy or the world economy.
- What part of speech is Say's law?
- Say's law is a proper noun.
- How do you pronounce Say's law?
- Say's law is pronounced /ˈseɪz ˈlɔː/.
Words near Say's law in the dictionary
Source and license
Adapted from Wiktionary: Say's law (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “Say's law.” Word.ws, https://word.ws/say%27s_law. Based on Wiktionary, CC BY-SA 4.0.
