불황

bul-hwang
economic recession

최근 불황으로 인해 많은 기업이 문을 닫았다.

Many companies have closed due to the recent economic recession.


Finance
formal

A period of economic decline characterized by reduced business activity, high unemployment, and falling prices.

불황이 지속되면 소비자 신뢰도가 떨어질 수 있다.

If the recession continues, consumer confidence may decline.

Often used in economic reports and business contexts.

Collocations

불황 극복overcoming recession불황의 영향impact of recession

Related Phrases

불황의 그림자phrase
shadow of recession

Pro Tip

Usage Tip

Use '불황' to describe a broad economic downturn, while '경제 침체' may be used for more technical discussions.

Word Origin

Combination of 불 (not) + 황 (prosperity), literally meaning 'not prosperous'

Usage Notes

Commonly used in economic and business contexts to describe a downturn in the economy.

Word Breakdown

not
prefix
+
prosperity
root
한영사전