What is another way to say economic crisis?
What is another way to say economic crisis?
Alternate Synonyms for “economic crisis”: depression; slump; financial condition; economic condition.
What are synonyms for explained?
Some common synonyms of explain are elucidate, explicate, expound, and interpret. While all these words mean “to make something clear or understandable,” explain implies a making plain or intelligible what is not immediately obvious or entirely known.
What are two synonyms for economy?
Synonyms & Antonyms of economy
- frugality,
- husbandry,
- parsimony,
- penny-pinching,
- providence,
- scrimping,
- skimping,
- thrift.
Which of these is another name for recession?
What is another word for recession?
| depression | slump |
|---|---|
| downturn | slowdown |
| stagnation | bust |
| decline | shakeout |
| trough | collapse |
What is a slump in demand?
Slump is a slang term for a sharp decline in business activity, trade, or market values. Slump is a very flexible term in that it is used to describe both a short, sharp decline as well as a more gradual, prolonged period of low activity or value. In economic terms, slump usually refers to the beginning of a recession.
What is the other name of economics?
What is another word for economics?
| finance | business |
|---|---|
| commerce | dismal science |
| social science | the dismal science |
| scarcity | microeconomics |
| macroeconomics | banking |
What is recession with example?
Recessions and Depressions Well known examples of recessions include the global recession in the wake of the 2008 financial crisis and the Great Depression of the 1930s. A depression is a deep and long-lasting recession. Simply, a depression is a severe decline that lasts for many years.
What is the synonym of liberated?
Some common synonyms of liberate are emancipate, free, manumit, and release. While all these words mean “to set loose from restraint or constraint,” liberate stresses particularly the resulting state of liberty.
What is a slump in the economy?
Slump is a slang term for a sharp decline in business activity, trade, or market values. There are market slumps, economic slumps, industry slumps, earnings slumps, and so on. In economic terms, slump usually refers to the beginning of a recession.
Why was there a financial crisis in Russia?
The financial crisis in Russia in 2014–2015 was the result of the sharp devaluation of the Russian ruble beginning in the second half of 2014. A decline in confidence in the Russian economy caused investors to sell off their Russian assets, which led to a decline in the value of the Russian ruble and sparked fears of a Russian financial crisis.
What kind of economy does Russia have now?
Since 2014, the Russian economy has been characterized by stagnation. Real disposable incomes fell by 13 percent from 2014-18, according to Russia’s official statistics.
Why was the Russian economy so bad in 2008?
Russia’s economy was crippled by low oil prices and a plummeting ruble. In 2008, Russia used its peace-keeping troops inside Georgia to capture the city of Gori and the state of Abkhazia. This was in response to Georgia’s invasion of South Ossetia.
How did the Great Recession affect the Russian economy?
These dynamics took an early toll on the country’s economy, which was further hit in 2015 with sharply lower crude oil prices, although it had recovered slightly by late 2017. The U.S. Federal Reserve’s low interest rates had a profound impact on emerging markets following the Great Recession that began in 2007.