Drive down

usgb
verb

To reduce something, like a price or a rate.

The government is taking steps to drive down unemployment.
Visual representation of "drive down" - to reduce something, like a price or a rate

Often appears as...

  • drive down prices
  • drive down costs
Definition 1 of 3
Visual representation of "drive down"
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Economic Focus

Used to discuss financial or economic strategies, often by a company or government.

Illustration for Economic Focus
The CEO aims to drive down operating costs to increase profit margins.
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Not Always Positive

Though it seems beneficial, 'drive down' can have negative connotations such as reduced quality or wages.

Illustration for Not Always Positive
Cutting corners to drive down prices can lead to inferior products.
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Strategic Actions

Implies deliberate efforts or policies designed to cause a decrease.

Illustration for Strategic Actions
The government's reform policy is expected to drive down the crime rate.
Visual representation of the word "Drive down"

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