What is another word for economic crisis?

5 synonyms found

Pronunciation:

[ ˌiːkənˈɒmɪk kɹˈa͡ɪsɪs], [ ˌiːkənˈɒmɪk kɹˈa‍ɪsɪs], [ ˌiː_k_ə_n_ˈɒ_m_ɪ_k k_ɹ_ˈaɪ_s_ɪ_s]

In times of economic hardship, we often hear the term "economic crisis," but there are several other synonyms that can be used to describe this situation. Some alternate phrases include financial collapse, economic downturn, recession, depression, or financial meltdown. These synonyms are often used interchangeably and depend on the severity of the economic situation. While all of these terms describe a state of financial difficulty, each has slightly different connotations and implications. Choosing the right phrase to describe a particular economic event can help provide a clearer picture of the severity of the situation, and can be beneficial for individuals when navigating the challenges that come with economic uncertainty.

Synonyms for Economic crisis:

What are the hypernyms for Economic crisis?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Economic crisis?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

Famous quotes with Economic crisis

  • Racism is always there underneath, but usually it is exploited in these times of economic crisis, and it's hard to find out when one slides into another.
    Iris Chang
  • First National Bank laid off 1,000 people; where do they go? There are no jobs for them. So we are having serious economic problems in this country. We are in a real economic crisis.
    Richard M. Daley
  • The years of the economic depression have been years of political reaction, and that is why the economic crisis has generated a world peace crisis.
    Arthur Henderson
  • We all knew this. We all knew that it would take more time than any of us want to dig ourselves out of this hole created by this economic crisis.
    Barack Obama
  • My country is in the grips of a major economic crisis. This is causing dramatic consequences for the very existence of Polish families. A permanent economic crisis in Poland may also have serious repercussions for Europe. Thus, Poland ought to be helped and deserves help.
    Lech Walesa

Word of the Day

united action
Synonyms:
Pooling.