economic crisis

US /ˌiː.kəˈnɑː.mɪk ˈkraɪ.sɪs/
UK /ˌiː.kəˈnɑː.mɪk ˈkraɪ.sɪs/
"economic crisis" picture
1.

crisi economica

a situation in which an economy experiences a sudden downturn, characterized by a decline in economic activity, rising unemployment, and financial instability

:
The country is facing a severe economic crisis.
Il paese sta affrontando una grave crisi economica.
Many businesses closed during the last economic crisis.
Molte aziende hanno chiuso durante l'ultima crisi economica.