Die Wirtschaftskrise
Example: Die Wirtschaftskrise von 1929 führte zu großer Arbeitslosigkeit.
Definition
"Die Wirtschaftskrise" refers to a severe and prolonged economic downturn that disrupts normal economic activity, leading to decreased production, high unemployment, and financial instability within a country or region.
Etymology
The term "die Wirtschaftskrise" comes from the German words "Wirtschaft," meaning economy or business, and "Krise," meaning crisis. The word combines these to describe a critical period in economic conditions. Did you know? The phrase became particularly prominent during the Great Depression following 1929.
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"Die Wirtschaftskrise" appears in the Vocaplus list "", containing 210 commonly used words.
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