Definitions for economic crisis
eco·nom·ic cri·sis

Princeton's WordNetRate this definition:0.0 / 0 votes

1. depression, slump, economic crisisnoun

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

WiktionaryRate this definition:1.0 / 1 vote

1. economic crisisnoun

   A period of economic slowdown characterised by declining productivity and devaluing of financial institutions often due to reckless and unsustainable money lending.

WikipediaRate this definition:0.0 / 0 votes

1. economic crisis

   A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults. Financial crises directly result in a loss of paper wealth but do not necessarily result in significant changes in the real economy (e.g. the crisis resulting from the famous tulip mania bubble in the 17th century). Many economists have offered theories about how financial crises develop and how they could be prevented. There is no consensus, however, and financial crises continue to occur from time to time.

ChatGPTRate this definition:0.0 / 0 votes

1. economic crisis

   An economic crisis refers to a significant decline in economic activity, often across multiple sectors, that lasts for an extended period of time. This can be marked by various events such as a severe recession, high unemployment rates, falling income, capital flow volatility, banking crashes, stock market crash, or collapsing currency. It often results from a combination of complex factors including economic policies, market dynamics, systemic vulnerabilities, social and political issues, as well as external shocks. An economic crisis typically has complex consequences which can ripple out and affect not only economies, but also societies and politics.

Matched Categories

1. • Crisis
   • Economic Condition

How to pronounce economic crisis?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say economic crisis in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of economic crisis in Chaldean Numerology is: 3

2. Pythagorean Numerology

   The numerical value of economic crisis in Pythagorean Numerology is: 1

Examples of economic crisis in a Sentence

1. Med Jones:

   Countries that have strong pre-crisis macroeconomic metrics, rich natural resources and export-based industries have stronger recovery prospects from economic crisis.

2. Troy Stevenson:

   In a time when our state is facing an unprecedented economic crisis, our lawmakers should be focused on righting the ship rather than stigmatizing transgender youth.

3. Anchorman Pavel Lobkov:

   As the economic crisis deepens, this mood will subside. People will start asking questions (like) why life is so bad, is it really that the United States is really to blame for everything.

4. Vera Magalhaes:

   What's shocking is that we're the world's seventh or eighth largest economy, and despite our current economic crisis, there is no lack of money that could be put toward making these vital improvements, but it's obviously not a political imperative to do so.

5. David Marchick:

   There's never been a more important time to get confirmed nominees in place because we're dealing with an economic crisis, a health crisis and a political crisis.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=economic crisis
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Economic_Crisis
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Economic_Crisis
4. ^ ChatGPT
   https://chat.openai.com