De recessie



Example: De recessie van 2008 had grote gevolgen voor de economie.

Definition


"De recessie" refers to a period of economic decline characterized by a significant reduction in trade and industrial activity, often marked by falling GDP, rising unemployment, and decreased consumer spending. For example, "De recessie van 2008 had grote gevolgen voor de economie."

Etymology


The term "de recessie" comes from the Latin word 'recessio,' meaning a going back or retreat. It entered Dutch through economic and financial terminology to describe a downturn or withdrawal in economic activity. Did you know that 'recessie' shares roots with the English word 'recession,' reflecting their common Latin origin?

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"De recessie" appears in the Vocaplus list "Dutch - History - (B2) - set 1", containing 105 commonly used words.
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