The phrase
"economic devastation" refers to a situation where there is severe and widespread damage to a country's or region's economy. It means that the economy has been greatly harmed, resulting in significant negative consequences such as high unemployment, a decline in business activity, financial crises, and a decrease in overall wealth and prosperity.
Full definition
Synonyms for individual words can be found below.
«economic»
«devastation»
Sentences with «economic devastation»
- Unlike past episodes in recent history, the crisis began in the world's most sophisticated financial systems, causing widespread economic devastation. (bankofcanada.ca)
- Meanwhile, Hurricane Harvey brought human tragedy and billions of dollars worth of economic devastation to eastern Texas. (thewealthadvisor.com)
- Presumably you're also referring to responsibly spending 75bn on a nuclear weapons system which, if ever used, would rather irresponsibly massacre thousands and create ecological, not to mention economic devastation on a massive scale. (nextleft.org)
- (see all
sentences)