Die Rezession



Example: Die Rezession in den 1930er Jahren beeinflusste die Weltwirtschaft stark.

Definition


"Die Rezession" refers to a period of economic decline characterized by reduced industrial activity, increased unemployment, and decreased consumer spending. It often results in slower economic growth or contraction, as seen in the global recession during the 1930s, which significantly impacted world economies.

Etymology


The word "die Rezession" comes from the Latin 'recessio,' meaning 'a going back' or 'withdrawal.' It entered the German language through legal and economic contexts to describe a downturn or retreat in economic activity. Did you know? The term originally described a formal withdrawal or retreat before it became associated with economics.

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"Die Rezession" appears in the Vocaplus list "", containing 210 commonly used words.
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