Great Recession

proper noun

The worldwide general economic decline towards the end of the first decade of the 21st century.

Ask AI about this wordChatGPTClaudePerplexityGoogle AIGrok

Meanings

proper nounthe Great Recession
  1. The worldwide general economic decline towards the end of the first decade of the 21st century.

    This was before the financial crash, before the Great Recession. The amazing real-estate bubble had not yet popped, and the economy was still apparently rocking.

    2020 August 7, Kurt Andersen, “College-Educated Professionals Are Capitalism’s Useful Idiots”, in The Atlantic
    2 more examples

    Income inequality usually shrinks during a recession, but in the Great Recession, it didn’t. From 2007 to 2009, the most-recent years for which data are available, it widened a little. […] It’s hard to miss just how unevenly the Great Recession has affected different classes of people in different places.

    2011 July 25, Don Peck, “Can the Middle Class Be Saved?”, in The Atlantic

    But starting a rocket company is what Musk did — and, after also pouring money into another money-burning venture, Tesla, Musk came very close to losing it all after the Great Recession.

    2022 April 28, Farhad Manjoo, “Is Elon Musk Really That Bad?”, in The New York Times, →ISSN

Translations

Catalan recessió mundial de 2008
  • recessió mundial de 2008worldwide economic decline
French Grande Récession de 2008
  • Grande Récession de 2008worldwide economic decline
German Weltfinanzkrise
  • Weltfinanzkriseworldwide economic decline
Hindi भयंकर मंदी
  • भयंकर मंदी (bhayaṅkar mandī)worldwide economic decline
Italian grande recessione
  • grande recessioneworldwide economic decline
Polish wielka recesja
  • wielka recesjaworldwide economic decline
Spanish crisis económica de 2008-2015
  • crisis económica de 2008-2015worldwide economic decline
Swedish stora recessionen
  • stora recessionenworldwide economic decline
Vietnamese Đại suy thoái
  • Đại suy thoáiworldwide economic decline
Cite this entry
APA

Great Recession. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/Great%20Recession

MLA

“Great Recession.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/Great%20Recession. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “Great Recession,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/Great%20Recession.

Source: Great Recession on Wiktionary, CC BY-SA 4.0.