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Recession Meaning in English

word

ˌɹiˈsɛʃən/, /ɹɪˈsɛʃən
ri-SESH-uhn or ri-SESH-uhn
ɹɪsˈɛʃən
ri-SESH-uhn

परिभाषा

A recession is a period of time when a country's economy slows down, usually with less business activity, rising unemployment, and lower spending.

उपयोग और बारीकियां

Most often used for national or global economies, not for individual businesses. Common phrases: 'go into a recession', 'recover from a recession', 'deep/major recession'. Not to be confused with 'depression', which is more severe.

उदाहरण वाक्य

The country went into a recession last year.

basic

Many people lost their jobs during the recession.

basic

A recession usually means less spending and more layoffs.

basic

We're still feeling the effects of the last recession.

natural

Businesses are worried about another recession coming soon.

natural

Nobody wants to live through another deep recession like that.

natural