Are price falls a good or bad thing economically?


typically price falls indicative of strong economy competition , technological advance (innovation) forcing prices down increasing choice consumers, increasing utility (happiness). however, if prices falling due low effective demand, known deflation , harmful economy means people put off buying goods until future (when they'll cheaper). i'd expect quote implying french had stronger economy after 1650.

a quote historian says there "tendency prices fall after 1650" in france.
sign economy or bad?

thank in advance answers, appreciate :)


Social Science Economics Next



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