经济衰退 — meaning in English: economic recession

jīngjì shuāituì · Learn this word with quizzes, examples and more on Maspeak.

Guess the translation for recession

老板

lǎobǎn

率

lǜ

经济衰退

jīngjì shuāituì

大会

dàhuì

一天

yītiān

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formal common

Usage

Native speakers commonly use the term 经济衰退 in discussions about the state of the economy during news reports, political debates, or in business meetings. For example, you might hear this term when economists analyze the impact of global events, such as the COVID-19 pandemic, on economic performance.

Synonyms & nuances

A close synonym for 经济衰退 is 经济萎缩 (jīngjì wěisuō), which means economic contraction. While both terms convey a downturn, 经济衰退 specifically refers to a prolonged period of economic decline, whereas 经济萎缩 can refer to any shrinkage in economic activity, making 经济衰退 the more precise choice in discussions about sustained recessions.

Culture

The term 经济衰退 combines 经济 (economy) and 衰退 (decline), reflecting a significant downturn in economic activity. Historically, China has experienced several economic fluctuations, and the term gained prominence during the economic reforms of the late 20th century, highlighting the delicate balance between growth and recession in a rapidly changing economy.

FAQ

Q.What does 经济衰退 mean in English?

经济衰退 translates to 'economic recession' in English. It refers to a significant decline in economic activity across the economy, lasting longer than a few months.

Q.How do you use 经济衰退 in a sentence?

You can use 经济衰退 in a sentence like this: '在经济衰退期间，许多公司不得不裁员以减少开支' which means 'During an economic recession, many companies had to lay off employees to cut costs.'

Q.Are there common mistakes when using 经济衰退?

A common mistake is to confuse 经济衰退 with a temporary economic downturn. Remember, 经济衰退 specifically indicates a prolonged period of economic decline, so be sure to use it in contexts that imply sustained negative growth.

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