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slump

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slump

In the business or trade cycle, the period of time when the economy is in depression, unemployment is very high, and national income is well below its full employment level. In the UK, the economy experienced a slump in the 1930s (the Great Depression), in 1980-81, and 1990-92.


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? Mentioned in ? References in classic literature
 
The men upon the killing beds felt also the effects of the slump which had turned Marija out; but they felt it in a different way, and a way which made Jurgis understand at last all their bitterness.
A concession repudiated, a bank failure, a big slump - what does it matter?
It was about this time that Martin took a great slump in Maria's estimation.
 
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