Meaning of economic crisis | Babel Free
Definitions
A crisis caused by the general demand for goods within an economy falling below their supply, either temporarily or on a protracted basis, typically resulting in widespread bankruptcies of unproductive businesses and falling prices.
Equivalents
Deutsch
Wirtschaftskrise
Español
crisis económica
Français
crise économique
Bahasa Indonesia
krisis ekonomi
Italiano
crisi economica
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.