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A crisis caused by the general demand for goods within an economy falling below their supply, either temporarily or on a protracted basis, typically resulting in widespread bankruptcies of unproductive businesses and falling prices.
Definition source: English Wiktionary via Wiktextract
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
a long-term economic state characterized by unemployment and low prices and low levels of trade and investment
Definition source: Princeton WordNet 3.0
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: depression, slump
Antonyms: none provided
Broader terms: crisis, economic condition
Narrower terms: Great Depression
No etymology was provided for this word.
Across languages
Translations
8 source translations are retained for this English entry.
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Chinese Mandarin:
經濟危機 /经济危机
(jīngjì wēijī)
— period of economic slowdown — see also financial crisis
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French:
crise économique
— period of economic slowdown — see also financial crisis
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Georgian:
ეკონომიკური კრიზისი
(eḳonomiḳuri ḳrizisi)
— period of economic slowdown — see also financial crisis
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German:
Wirtschaftskrise
— period of economic slowdown — see also financial crisis
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Hungarian:
gazdasági válság
— period of economic slowdown — see also financial crisis
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Indonesian:
krisis ekonomi
— period of economic slowdown — see also financial crisis
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Italian:
crisi economica
— period of economic slowdown — see also financial crisis
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Spanish:
crisis económica
— period of economic slowdown — see also financial crisis