economic recession

简明释义

经济衰退

英英释义

例句

1.The government implemented stimulus packages to combat the effects of the economic recession.

政府实施了刺激计划，以应对经济衰退的影响。

2.Job losses are a common consequence of an economic recession.

失业是经济衰退的一个常见后果。

3.Many people cut back on spending during an economic recession.

在经济衰退期间，许多人减少了消费。

4.An economic recession can lead to increased poverty rates in a country.

一个国家的经济衰退可能导致贫困率上升。

5.During an economic recession, many businesses struggle to stay afloat.

在经济衰退期间，许多企业努力维持生计。

作文

The term economic recession refers to a significant decline in economic activity across the economy that lasts for an extended period, typically visible in real GDP, income, employment, manufacturing, and retail sales. Understanding the causes and effects of an economic recession is essential for both policymakers and the general public. Recessions can be triggered by various factors, including high inflation, increased interest rates, or external shocks such as natural disasters or geopolitical tensions.One of the most notable examples of an economic recession occurred in 2008, when the global financial crisis led to a severe downturn in economies around the world. The collapse of major financial institutions, coupled with the bursting of the housing bubble in the United States, resulted in widespread unemployment and a significant contraction in consumer spending. During this period, many families faced substantial financial hardships, leading to an increase in foreclosures and bankruptcies.The impact of an economic recession extends beyond mere statistics; it affects the daily lives of individuals and communities. Job losses are one of the most immediate consequences, as companies often resort to layoffs to cut costs. This not only affects the unemployed but also places a strain on social services and local economies. As more people lose their jobs, consumer confidence declines, leading to reduced spending and further exacerbating the recession.Governments often respond to an economic recession with various fiscal and monetary policies aimed at stimulating growth. For instance, they may lower interest rates to encourage borrowing and investment or implement stimulus packages to boost consumer spending. However, the effectiveness of these measures can vary depending on the severity and duration of the recession. In some cases, prolonged recessions can lead to structural changes in the economy, making recovery more challenging.In addition to economic policies, understanding the psychological aspects of an economic recession is crucial. Fear and uncertainty can grip consumers and businesses alike, leading to a vicious cycle of decreased spending and investment. This phenomenon highlights the importance of maintaining consumer confidence during tough economic times. Educational programs and transparent communication from government officials can help mitigate panic and promote stability.Furthermore, the long-term effects of an economic recession can alter the landscape of industries and job markets. For example, certain sectors may experience permanent declines, while others may emerge stronger due to shifts in consumer behavior. The rise of technology and e-commerce during the COVID-19 pandemic is a prime example of how recessions can catalyze innovation and change.In conclusion, an economic recession is a complex event with far-reaching implications for individuals, businesses, and governments. By understanding its causes, effects, and potential responses, society can better prepare for and recover from such downturns. Awareness and education are key in navigating the challenges posed by an economic recession, ultimately leading to a more resilient economy in the future.

短语经济衰退指的是经济活动在经济中显著下降，通常持续一段较长时间，通常在实际国内生产总值、收入、就业、制造业和零售销售中可见。理解经济衰退的原因和影响对政策制定者和公众都至关重要。衰退可能由各种因素引发，包括高通胀、利率上升或外部冲击，例如自然灾害或地缘政治紧张局势。一个最显著的经济衰退例子发生在2008年，当时全球金融危机导致世界各地经济严重下滑。主要金融机构的崩溃，加上美国住房泡沫的破裂，导致失业率大幅上升，消费者支出显著收缩。在此期间，许多家庭面临重大财务困难，导致止赎和破产数量增加。经济衰退的影响不仅仅体现在统计数据上；它影响着个人和社区的日常生活。失业是最直接的后果之一，因为公司通常会裁员以削减成本。这不仅影响失业者，还给社会服务和地方经济带来了压力。随着越来越多的人失去工作，消费者信心下降，导致支出减少，进一步加剧衰退。政府通常通过各种财政和货币政策来应对经济衰退，旨在刺激经济增长。例如，他们可能会降低利率以鼓励借贷和投资，或者实施刺激计划以促进消费者支出。然而，这些措施的有效性可能因衰退的严重程度和持续时间而异。在某些情况下，长期衰退可能导致经济结构变化，使复苏更加困难。除了经济政策，理解经济衰退的心理方面也至关重要。恐惧和不确定性可能笼罩消费者和企业，导致支出和投资的恶性循环。这一现象突显了在艰难经济时期保持消费者信心的重要性。教育项目和政府官员的透明沟通可以帮助减轻恐慌，促进稳定。此外，经济衰退的长期影响可能改变行业和就业市场的格局。例如，某些行业可能会经历永久性衰退，而其他行业可能由于消费者行为的变化而变得更强大。在COVID-19大流行期间，科技和电子商务的兴起就是衰退如何催生创新和变革的一个典型例子。总之，经济衰退是一种复杂事件，对个人、企业和政府产生深远影响。通过理解其原因、影响和潜在应对措施，社会可以更好地为这样的经济低迷做好准备并从中恢复。意识和教育是应对经济衰退所带来的挑战的关键，最终将导致未来经济的更强韧。