La recessió
Example: La recessió econòmica va afectar moltes petites empreses locals.
Definition
"La recessió" refers to a period of economic decline typically characterized by a decrease in GDP, employment, and trade. It affects businesses and individuals negatively, often causing financial hardship and reduced economic activity, as illustrated by the phrase about local businesses during an economic downturn.
Etymology
The term "la recessió" comes from the Latin word 'recessio,' meaning a going back or withdrawal. In economics, it describes a retreat in economic activity. Did you know? The word shares roots with the English 'recession,' reflecting similar economic phenomena across languages.
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"La recessió" appears in the Vocaplus list "", containing 210 commonly used words.
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