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crisis, economic

   Also found in: Medical, Legal, Financial, Wikipedia, Hutchinson 0.02 sec.
crisis, economic: see depression depression, in economics, period of economic crisis in commerce, finance, and industry, characterized by falling prices, restriction of credit, low output and investment, numerous bankruptcies, and a high level of unemployment.
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There is a tendency in times of crisis, economic or human, to want to take action.
 
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