Definition of «economic despair»

"Economic despair" refers to a situation where there is extreme sadness, worry, and hardship caused by a lack of money and opportunities for work or financial stability. It means feeling hopeless and struggling to meet basic needs due to poor economic conditions.

Sentences with «economic despair»

It can create social unrest and economic despair leading to many forms of destructive behavior. (religion-online.org)
«Whole communities and cities have been brought back from the brink of economic despair because of successful brownfields redevelopment projects.» (scientificamerican.com)
«Between a dynamic liberal cosmopolitan open global free - trading prosperous Britain, or a Britain where we remain subject to a undemocratic system devised in the 1950s that is now actively responsible for low growth and in some cases economic despair. (totalpolitics.com)
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