recession
/rɪˈseʃn/noun
उच्चारण रिसेशन
मंदी
Advanced wordPYP · asked 2 times
Asked in previous papers
as spelling
- 1
[C, U]
a difficult time when there is less trade, business activity in a country than usual
मंदी
- The economy is in recession.
- Many people lost their jobs during the global recession.
- The country slipped into recession after prices rose sharply.
+ 2 more examples
- Many shops closed during the recession of the early 1990s.
- Experts fear that a deep recession will hurt young job seekers.
Synonyms downturn slump depression decline stagnation
Opposite boom growth upturn prosperity
- 2
[U] formal
the movement backwards of something from a previous position
पीछे हटना
- the recession of the flood waters
- Scientists have measured the recession of glaciers in the Himalayas.
- After the recession of the sea, the beach was covered with shells.
+ 2 more examples
- The recession of the monsoon floods left fields full of mud.
- Satellite images show the steady recession of the snow line.
Synonyms retreat withdrawal ebbing
Opposite advance
◇Word family
≈Synonyms and antonyms
AaSpelling
re·ces·sion
With -c- then double s (not 'resession').
पहले -c- फिर दो s ('resession' गलत है)।
?Which word?
Keep apart recession (economic decline) and secession (a region separating from a country).
Recession (आर्थिक मंदी) और secession (किसी क्षेत्र का देश से अलग होना) को अलग रखिए।
✓In the exam
General knowledge
Economics GK: a recession is usually defined as two quarters of negative GDP growth in a row; a depression is a long and severe recession (the Great Depression of the 1930s); stagflation is stagnation with inflation.
अर्थशास्त्र GK में recession को प्रायः लगातार दो तिमाहियों की ऋणात्मक GDP वृद्धि माना जाता है; depression लंबी और गंभीर मंदी है (1930 के दशक की महामंदी); stagflation मुद्रास्फीति के साथ ठहराव है।