Definition, Meaning & Synonyms
economic plight
noun
/ˈɛkəˌnɑːmɪk plaɪt/
Definition
A difficult or challenging economic situation that affects individuals or groups, often leading to hardship.
Examples
- Many families face economic plight due to job loss during the pandemic.
- The government’s policies aim to alleviate the economic plight of the underprivileged.
- Communities heavily affected by the recession are rallying to address their economic plight.
Meaning
The term describes the struggles or adverse conditions related to financial stability, often impacting people’s quality of life.
Synonyms
- financial hardship
- economic distress
- financial struggle
- economic difficulty