economic crisis
Noun
-
A long-term economic state characterized by unemployment and low prices and low levels of trade and investment (synset 114512697)
is a type of:
- crisis - an unstable situation of extreme danger or difficulty
- economic condition - the condition of the economy
specific instances: great depression - the economic crisis beginning with the stock market crash in 1929 and continuing through the 1930ssame as: depression, slump
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