economic depression

简明释义

经济萧条

英英释义

例句

1.The country has been struggling to recover from the last economic depression 经济萧条 that hit a decade ago.

这个国家一直在努力从十年前的最后一次经济萧条 经济萧条中恢复过来。

2.Many businesses closed their doors due to the prolonged economic depression 经济萧条 in the region.

由于该地区持续的经济萧条 经济萧条，许多企业关门大吉。

3.During an economic depression 经济萧条, unemployment rates often soar, leaving many without jobs.

在经济萧条 经济萧条期间，失业率通常会飙升，许多人失去了工作。

4.People often turn to community support during an economic depression 经济萧条 to help each other.

人们在经济萧条 经济萧条期间常常转向社区支持，以帮助彼此。

5.The government implemented several policies to stimulate growth during the economic depression 经济萧条 of the 1930s.

政府在1930年代的经济萧条 经济萧条期间实施了几项政策以刺激经济增长。

作文

An economic depression is a severe and prolonged downturn in economic activity. It is characterized by a significant decline in GDP, high unemployment rates, and a general decrease in consumer spending and investment. Understanding the causes and effects of an economic depression is crucial for both policymakers and the public to mitigate its impact and to prevent future occurrences.Historically, one of the most notable examples of an economic depression occurred during the Great Depression of the 1930s. This period was marked by unprecedented levels of unemployment, with millions of people losing their jobs and livelihoods. The stock market crash of 1929 triggered a chain reaction that led to bank failures, reduced consumer confidence, and a drastic drop in industrial production. As businesses closed and people lost their savings, the economy spiraled downward, creating a vicious cycle that was difficult to escape.The effects of an economic depression extend beyond just financial metrics. Socially, it can lead to increased poverty rates, homelessness, and a decline in mental health as individuals struggle to cope with the harsh realities of their circumstances. Families may be torn apart due to financial stress, and communities can experience a breakdown in social cohesion as people become more isolated and desperate.Governments often respond to an economic depression with various fiscal and monetary policies aimed at stimulating growth. This can include increasing government spending on infrastructure projects, lowering interest rates to encourage borrowing, and implementing social programs to support those most affected. However, these measures can take time to implement and may not always yield immediate results. The challenge lies in finding the right balance between intervention and allowing the market to correct itself.In addition to government intervention, the role of international trade and cooperation becomes increasingly important during an economic depression. Countries may need to work together to stabilize global markets and prevent protectionist measures that can exacerbate the situation. This collaborative approach can help restore confidence among investors and consumers, paving the way for recovery.Another critical aspect to consider is the psychological impact of an economic depression. The fear and uncertainty that accompany such downturns can lead to a lack of consumer confidence, further stalling economic recovery. People may be hesitant to spend money or invest in new ventures, fearing that the worst is yet to come. This creates a self-fulfilling prophecy where lack of spending leads to further economic decline.In conclusion, an economic depression is a complex phenomenon that requires a multifaceted approach to understand and address. By examining historical examples, recognizing the social implications, and considering the role of government and international cooperation, we can better prepare for and respond to future economic challenges. It is essential to learn from the past to build a more resilient economy that can withstand the shocks of an economic depression and emerge stronger on the other side.

经济萧条是经济活动中严重且持久的下滑。它的特征是国内生产总值（GDP）显著下降、高失业率以及消费者支出和投资的普遍减少。理解经济萧条的原因和影响对政策制定者和公众至关重要，以减轻其影响并防止未来的发生。历史上，最著名的经济萧条例子之一发生在20世纪30年代的大萧条时期。这一时期的失业率前所未有，数百万人失去了工作和生计。1929年的股市崩盘引发了一系列连锁反应，导致银行倒闭、消费者信心下降和工业生产大幅下降。随着企业关闭，人们失去储蓄，经济陷入了恶性循环，这种局面难以摆脱。经济萧条的影响不仅限于金融指标。在社会方面，它可能导致贫困率增加、无家可归现象以及心理健康的下降，因为个人努力应对严酷的现实。由于财务压力，家庭可能会面临分裂，社区可能会经历社会凝聚力的崩溃，因为人们变得更加孤立和绝望。政府通常会通过各种财政和货币政策来应对经济萧条，旨在刺激经济增长。这可能包括增加基础设施项目的政府支出、降低利率以鼓励借贷以及实施社会项目以支持受影响最严重的人群。然而，这些措施的实施可能需要时间，并不总能立即见效。挑战在于找到干预与允许市场自我修复之间的正确平衡。除了政府干预，国际贸易和合作的角色在经济萧条期间变得越来越重要。各国可能需要共同努力以稳定全球市场，防止保护主义措施加剧局势。这种合作方式可以帮助恢复投资者和消费者的信心，为复苏铺平道路。另一个关键方面是经济萧条的心理影响。伴随这种经济下滑的恐惧和不确定性可能导致消费者信心缺乏，进一步阻碍经济复苏。人们可能会对消费或投资新事业持谨慎态度，担心最糟糕的情况尚未到来。这造成了自我实现的预言，即缺乏支出导致进一步的经济衰退。总之，经济萧条是一个复杂的现象，需要多方面的方法来理解和应对。通过研究历史实例、认识社会影响以及考虑政府和国际合作的角色，我们可以更好地为未来的经济挑战做好准备并作出回应。学习过去的教训对于建立一个能够承受经济萧条冲击并在另一边更强大的经济至关重要。