German word

Wirtschaftskrise

Pronunciation

IPA/ˈvɪʁtʃaftsˌkʁiːzə/

Meaning

  • feminine nouneconomic crisis

Example

In einer Wirtschaftskrise steigen die Preise oft schnell.

In an economic crisis, prices often rise quickly.

Illustration for Wirtschaftskrise (economic crisis)

More examples

Ein plötzlicher Konflikt kann eine Wirtschaftskrise auslösen.

A sudden conflict can trigger an economic crisis.

Core concept

A national economic system losing momentum as businesses, consumers, and workers feel the effects together.

Common phrases

  • Wirtschaftskrise auslösen

    trigger an economic crisis

  • von einer Wirtschaftskrise betroffen sein

    be affected by an economic crisis

  • globale Wirtschaftskrise

    global economic crisis

Similar words

Rezession: A sustained period of shrinking economic activity.
Depression: A prolonged and severe period of economic stagnation.
Wirtschaftseinbruch: A sudden, sharp drop in production or sales.
Finanzkrise: A major disruption affecting financial markets or banks.

Definition in German

Ein Zustand, in dem Nachfrage, Produktion oder Vertrauen stark zurückgehen und dadurch Preise sowie Beschäftigung massiv beeinflusst werden.

Word origin

The compound Wirtschaftskrise joins Wirtschaft with Krise, whose Greek source krisis referred to judgment or a decisive turning point before developing the sense of crisis.

Usage tips

  • German uses Wirtschaftskrise for both an economic crisis and a financial crisis when the wider economy is affected, while Finanzkrise focuses more narrowly on finance.

Other meanings

  • economic turmoilnoun

Opposites

  • Stabilitätstabilitynoun
  • Wirtschaftsboomeconomic boomnoun

Related words

  • Krisenstimmungcrisis atmospherenoun
  • krisenanfälligcrisis-proneadjective

Word lists with this word