La récession
Example: La récession économique a duré plusieurs trimestres en Europe.
Definition
"La récession" refers to a period of temporary economic decline during which trade and industrial activity are reduced, usually identified by a fall in GDP in two successive quarters. It often results in increased unemployment and decreased consumer spending.
Etymology
The term "la récession" comes from the Latin word 'recessio', meaning 'a going back' or 'withdrawal'. It was adopted into French to describe a downturn in economic activity. Did you know that the concept has been widely used since the Great Depression to describe economic slowdowns?
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"La récession" appears in the Vocaplus list "", containing 210 commonly used words.
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