economic crisis

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

经济危机

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.
该国正面临严重的经济危机
Many businesses closed during the last economic crisis.
在上次经济危机期间,许多企业倒闭了。