单词 | depression |
释义 | depression depression // noun
1 (Economics ) [C,U] a long period when there is little economic activity, many businesses fail and many people are poor or without jobs: The collapse of investment and consumption can often lead to depression. We have been through a global economic depression. Is the country sliding into depression? The central bank's actions may tip/pitch/push the country into depression. fiscal and monetary errors that turned recession into depression ⇨ BOOM, RECESSION, SLUMP
❖ to sink into/slide into/tip sth into depression ◆ (a) full-scale/major/severe depression ◆ a depression deepens/ends
2 the Depression (also the Great Depression) [sing.] the period from 1929 to 1934 when large numbers of people in the US and Europe were unemployed and poor because there was so little economic activity: Output plunged during the Depression of the 1930s.
3 [sing.] the lowering or reducing of sth: a continued depression in travel demand the depression of energy prices |
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