depression ·noun (ECONOMY)
Definition: a time when there is not much business activity Level: C2
股市崩盘标志着一场严重经济萧条的开始。
The stock market crash marked the start of a severe ___depression.
我们刚刚走出金融萧条，公司不得不解雇数千人。
We are just coming out of a financial ___depression, and companies have had to lay off thousands of people.
20世纪30年代的全球性经济萧条影响了许多国家。
The global ___depression in the 1930s affected many countries.