Definition, Meaning & Synonyms
economically-depressed
Adjective
/ˌiː.kəˈnɒm.ɪ.kəl.i dɪˈprɛst/
Definition
A state or condition in which an area, region, or country experiences prolonged economic downturns, resulting in reduced levels of employment and investment.
Examples
- The economically-depressed region struggled with high unemployment rates and a lack of job opportunities.
- Many small businesses in the economically-depressed town closed due to a decline in customers.
Meaning
Refers to situations where economic activity is significantly lowered, often leading to high unemployment rates and low consumer spending.
Synonyms
- Impoverished
- Declining
- Downturn
- Underprivileged