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Economic crisis   /ˌɛkənˈɑmɪk krˈaɪsəs/   Listen
Economic crisis

noun
1.
A long-term economic state characterized by unemployment and low prices and low levels of trade and investment.  Synonyms: depression, slump.






WordNet 3.0 © 2010 Princeton University








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"Economic crisis" Quotes from Famous Books



... change? To answer this fully would take up a long chapter. We can only glance at the chief forces then at work. Firstly, Germany, after the year 1873, passed through a severe and prolonged economic crisis. It was largely due to the fever of speculation induced by the incoming of the French milliards into a land where gold had been none too plentiful. Despite the efforts of the German Government to hold back a large part of the war indemnity for purposes of military ...
— The Development of the European Nations, 1870-1914 (5th ed.) • John Holland Rose



Words linked to "Economic crisis" :   Great Depression, economic condition, crisis, slump



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