Definition of «economic bust»

"Economic bust" refers to a period of time when the economy is doing poorly, with a decrease in business activity, high unemployment rates, and people struggling financially. It is the opposite of an "economic boom" when the economy is thriving and growing.

Sentences with «economic bust»

  • A massive economic bust will not change them: we will just keep buying ever more cheaply made products, with even less regard to the environment. (dotearth.blogs.nytimes.com)
  • But Dalio knows a thing or two about economic busts. (money.cnn.com)
  • This method of increasing the money supply invariably led to economic booms that were just as invariably followed by economic busts. (acting-man.com)
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