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.