La crisis económica
Example: La crisis económica afectó gravemente a muchas familias en el país.
Definition
"La crisis económica" refers to a significant period of financial instability characterized by a sharp decline in economic activity, leading to widespread unemployment, reduced income, and hardships for many families and businesses in a country.
Etymology
The phrase "la crisis económica" combines 'crisis,' derived from the Greek 'krisis,' meaning decision or turning point, and 'económica,' from the Greek 'oikonomikos,' relating to household management or economy. Together, they describe a pivotal moment of economic difficulty. Did you know? The term 'crisis' originally referred to a critical medical condition before expanding to other fields.
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"La crisis económica" appears in the Vocaplus list "Spanish - History - (B2) - set 1", containing 210 commonly used words.
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