A crise econômica
Example: A crise econômica afetou profundamente o mercado de trabalho local.
Definition
"A crise econômica" refers to a period of significant decline in economic activity, causing widespread financial hardship, increased unemployment, and reduced consumer spending. It often results in a recession or depression, deeply impacting markets and societies, as seen in the example where it affects the local labor market.
Etymology
The term "a crise econômica" comes from Portuguese, where "crise" derives from the Greek word 'krisis', meaning decision or turning point, and "econômica" relates to 'economy', from the Greek 'oikonomikos', meaning household management. Together, they describe a critical turning point in economic conditions.
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"A crise econômica" appears in the Vocaplus list "", containing 105 commonly used words.
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the economic crisis