Recession (N)
Pronunciation: /rɪˈsɛʃ(ə)n/
Word Meaning:
- A temporary decline in economic activity characterized by reduced trade and industrial production, widespread unemployment, and a decline in personal income.
- The act of receding or withdrawing; a temporary withdrawal or retreat.
Uses in Sentence:
- The country experienced a severe recession following the financial crisis of 2008.
- The company had to downsize its workforce due to the recession in the market.
- The recession of the tide left behind shells and seaweed on the shore.
Synonyms:
- Economic downturn
- Slump
- Depression
- Decline
- Downturn
Antonyms:
- Economic growth
- Prosperity
- Boom
- Expansion
- Recovery
Word Meaning in Hindi: Recession (N) – मंदी / पतन
Word uses in Hindi:
- २००८ के वित्तीय संकट के बाद देश ने एक गंभीर मंदी का सामना किया। (The country experienced a severe recession following the financial crisis of 2008.)
- बाजार में मंदी के कारण कंपनी को अपने कर्मचारियों की संख्या को घटाना पड़ा। (The company had to downsize its workforce due to the recession in the market.)
- पानी की मंदी ने किनारे पर खोलियों और समुद्री शियारों को छोड़ दिया। (The recession of the tide left behind shells and seaweed on the shore.)