ECONOMIC CRISIS

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does economic crisis mean? 

• ECONOMIC CRISIS (noun)
  The noun ECONOMIC CRISIS has 1 sense:

1. a long-term economic state characterized by unemployment and low prices and low levels of trade and investment

  Familiarity information: ECONOMIC CRISIS used as a noun is very rare.

 Dictionary entry details 

• ECONOMIC CRISIS (noun)

Sense 1

Meaning:

A long-term economic state characterized by unemployment and low prices and low levels of trade and investment

Classified under:

Nouns denoting stable states of affairs

Synonyms:

depression; economic crisis; slump

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)