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单词 contraction
释义

contraction

Definition
Period of general economic decline characterized by high unemployment, falling wages, and (usually) low inflation.

Use 'contraction' in a Sentence

The recent recession led to a period of contraction of the economy that worried the local businesses and led to several legislative changes.
The economy suffered a contraction due to the unforeseen fall in oil prices, resulting in widespread reductions in force by companies across several industries.
The two BTO breeding bird atlases indicated that a 29% contraction in range occurred in Britain between the late 1960s and early 1990s.
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更新时间:2025/3/10 9:23:30