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Definition of Economic crisis
1. Noun. A long-term economic state characterized by unemployment and low prices and low levels of trade and investment.
Generic synonyms: Crisis, Economic Condition
Specialized synonyms: Great Depression
Derivative terms: Slump
Definition of Economic crisis
1. Noun. A period of economic slowdown characterised by declining productivity and devaluing of financial institutions often due to reckless and unsustainable money lending. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Economic Crisis
Literary usage of Economic crisis
Below you will find example usage of this term as found in modern and/or classical literature:
1. The Yale Review by Yale University, George Park Fisher, George Burton Adams, Henry Walcott Farnam, Arthur Twining Hadley, John Christopher Schwab, William Fremont Blackman, Edward Gaylord Bourne, Irving Fisher, Henry Crosby Emery, Wilbur Lucius Cross (1903)
"THE economic crisis IN GERMANY. I. A /f OST of the states of Europe are suffering
at the present •L* A time under an unusually severe crisis, ..."
2. Scientists, Engineers, and Track-Two Diplomacy: A Half-Century of U.S by Glenn E. Schweitzer (2004)
"The response had two thrusts: first, steps to help alleviate the country's general
economic crisis and, second, programs to address the calls for immediate ..."
3. Phi Delta Kappan by Phi Delta Kappa (1912)
"The Office of Education COMMISSIONER COOPER and his staff have doubled their
efforts to help the educational institutions through the economic crisis. ..."
4. The Cambridge Modern History by Adolphus William Ward, George Walter Prothero (1907)
"1805-ioj economic crisis.—The Bank.—Taxes. Bnnk, and of the Company—that is to
say public, semi-public, and private interests—were disastrously entangled ..."
5. Democracy and the Organization of Political Parties by Moisei Ostrogorski (1902)
"... have roused public opinion if the country had been in a prosperous state.
But it was suffering severely from the economic crisis which broke out in ..."