Definitions
There is 1 meaning of the phrase
Economic Crisis.
Economic Crisis - as a noun
A long-term economic state characterized by unemployment and low prices and low levels of trade and investment
Synonyms (Exact Relations)
depressionslumpExample Sentences
"The country is currently experiencing an economic crisis due to high inflation rates."
"The government implemented austerity measures to mitigate the effects of the economic crisis."
"Unemployment rates skyrocketed during the economic crisis."
"The economic crisis led to a decrease in foreign investments."
"Many businesses were forced to close down during the economic crisis."
