| Library / English Dictionary |
ECONOMIC CRISIS
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I. (noun)
Sense 1
Meaning:
A long-term economic state characterized by unemployment and low prices and low levels of trade and investment
Synonyms:
depression; economic crisis; slump
Classified under:
Nouns denoting stable states of affairs
Hypernyms ("economic crisis" is a kind of...):
crisis (an unstable situation of extreme danger or difficulty)
economic condition (the condition of the economy)
Instance hyponyms:
Great Depression (the economic crisis beginning with the stock market crash in 1929 and continuing through the 1930s)
