单词 | recession |
释义 | recessionrecession /rɪˈsɛʃən/ ●○○ noun [countable] social studies, economics a period of time during which there is less trade, business activity, etc. than usual: in a recession There is no question that the country is in an economic recession.deep/severe recession Japan experienced a deep recession in the 1990s.go/slip/slide/fall etc. into (a) recession Interest rates were lowered to stop the country from sliding into a recession.pull/grow/dig out of a recession Attempts to pull the country out of a recession have had limited success.THESAURUSdownturn – a time during which business activity is reduced and economic conditions become worse: A big rise in gas prices could lead to a downturn in the economy.slump – a period when a particular type of business slows down a lot: The slump in the airline industry means many flight attendants will likely lose their jobs.crash – an occasion when the value of stocks on a stock market falls suddenly and by a large amount, causing economic problems: The stock market crash of 2008 wiped out the life savings of many retirees.depression – a long period, which is worse than a recession, when businesses do not buy, sell, or produce very much and many people do not have jobs: During the depression, many young people were unable to find any work at all. |
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