economic crisis

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

экономический кризис

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.
Страна сталкивается с серьезным экономическим кризисом.
Many businesses closed during the last economic crisis.
Многие предприятия закрылись во время последнего экономического кризиса.