但是经济衰退呢?
A recession occurs if a contraction is severe enough. The National Bureau of Economic Research (NBER) identifies a recession as a contraction or significant decline in economic activity "lasting more than a few months, normally visible in real GDP, real income, employment, industrial production."
如果收缩足够严重,就会出现衰退。美国国家经济研究局认为经济衰退是经济活动的收缩或显著下降“持续几个月以上,通常可见于实际GDP、实际收入、就业和工业生产中。”
Along the same vein, a deep trough is called a slump or a depression. The difference between a recession and a depression, which is not well-understood by non-economists, is explained in this helpful guide: Recession? Depression? What's the difference?
同样的情况下,一个深谷被称为暴跌或萧条。经济衰退和萧条之间的差别,非经济学家不太了解,在这本实用指南中解释了:衰退?萧条?有什么区别?
The Great Recession
经济大衰退
The Great Recession was a period of general economic decline observed in world markets during the late 2000s and early 2010s.
“大衰退”指的是20世纪末至2010年初全球市场普遍出现的经济衰退时期。
The scale and timing of the recession varied from country to country. The International Monetary Fund concluded that the overall impact was the most severe since the Great Depression in the 1930s.
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