economic crisis

noun

A crisis caused by the general demand for goods within an economy falling below their supply, either temporarily or on a protracted basis, typically resulting in widespread bankruptcies of unproductive businesses and falling prices.

Meanings

nouneconomic crisis (plural economic crises)

plural economic crises

  1. A crisis caused by the general demand for goods within an economy falling below their supply, either temporarily or on a protracted basis, typically resulting in widespread bankruptcies of unproductive businesses and falling prices.

Synonyms & antonyms

nouna long-term economic state characterized by unemployment and low prices and low levels of trade and investment

Broader
economic conditioncrisis

Synonym sets from Open English WordNet, CC BY 4.0.

Translations

Chinese Mandarin 經濟危機 /经济危机
  • 經濟危機 /经济危机 (jīngjì wēijī)period of economic slowdown — see also financial crisis
French crise économique
  • crise économiqueperiod of economic slowdown — see also financial crisis
German Wirtschaftskrise
  • Wirtschaftskriseperiod of economic slowdown — see also financial crisis
Hungarian gazdasági válság
  • gazdasági válságperiod of economic slowdown — see also financial crisis
Indonesian krisis ekonomi
  • krisis ekonomiperiod of economic slowdown — see also financial crisis
Italian crisi economica
  • crisi economicaperiod of economic slowdown — see also financial crisis
Spanish crisis económica
  • crisis económicaperiod of economic slowdown — see also financial crisis
Cite this entry
APA

economic crisis. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/economic%20crisis

MLA

“economic crisis.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/economic%20crisis. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “economic crisis,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/economic%20crisis.

Source: economic crisis on Wiktionary, CC BY-SA 4.0.