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Crisis vs. Recession — What's the Difference?

Crisis vs. Recession — What's the Difference?

Difference Between Crisis and Recession

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Crisis

A crisis (plural: "crises"; adjectival form: "critical") is any event or period that will lead, or may lead, to an unstable and dangerous situation affecting an individual, group, or all of society. Crises are negative changes in the human or environmental affairs, especially when they occur abruptly, with little or no warning.

Recession

In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock).

Crisis

A time of intense difficulty or danger
The monarchy was in crisis
The current economic crisis

Recession

A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters
The country is in the depths of a recession
Measures to pull the economy out of recession

Crisis

A crucial or decisive point or situation, especially a difficult or unstable situation involving an impending change.
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Recession

The action of receding; motion away from an observer.

Crisis

A sudden change in the course of a disease or fever, toward either improvement or deterioration.

Recession

The erosion of a cliff or headland from a given point, as from the action of a waterfall.

Crisis

An emotionally stressful event or traumatic change in a person's life.

Recession

The reduction of a glacier from a point of advancement.

Crisis

A point in a story or drama when a conflict reaches its highest tension and must be resolved.

Recession

The motion of celestial objects away from one another in an expanding universe.

Crisis

A crucial or decisive point or situation; a turning point.

Recession

A significant period of economic decline from the peak to the trough of a business cycle, characterized by decreasing aggregate output and often by rising unemployment.

Crisis

An unstable situation, in political, social, economic or military affairs, especially one involving an impending abrupt change.

Recession

The withdrawal in a line or file of participants in a ceremony, especially clerics and choir members after a church service.

Crisis

(medicine) A sudden change in the course of a disease, usually at which point the patient is expected to either recover or die.

Recession

The restoration of property by a grantee back to the previous owner by means of a legal conveyance.

Crisis

(psychology) A traumatic or stressful change in a person's life.
I'm having a major crisis trying to wallpaper the living room.

Recession

The act or an instance of receding or withdrawing.

Crisis

(drama) A point in a drama at which a conflict reaches a peak before being resolved.

Recession

A period of low temperatures that causes a reduction in species; ice age.

Crisis

The point of time when it is to be decided whether any affair or course of action must go on, or be modified or terminate; the decisive moment; the turning point.
This hour's the very crisis of your fate.
The very times of crisis for the fate of the country.

Recession

(economics) A period of reduced economic activity
Statisticians often define a recession as negative real GDP growth during two consecutive quarters.

Crisis

That change in a disease which indicates whether the result is to be recovery or death; sometimes, also, a striking change of symptoms attended by an outward manifestation, as by an eruption or sweat.
Till some safe crisis authorize their skill.

Recession

The ceremonial filing out of clergy and/or choir at the end of a church service.

Crisis

An unstable situation of extreme danger or difficulty;
They went bankrupt during the economic crisis

Recession

The act of ceding something back.

Crisis

A crucial stage or turning point in the course of something;
After the crisis the patient either dies or gets better

Recession

(surgery) A procedure in which an extraocular muscle is detached from the globe of the eye and reattached posteriorly.

Recession

The act of receding or withdrawing, as from a place, a claim, or a demand.
Mercy may rejoice upon the recessions of justice.

Recession

A period during which economic activity, as measured by gross domestic product, declines for at least two quarters in a row in a specific country. If the decline is severe and long, such as greater than ten percent, it may be termed a depression.

Recession

A procession in which people leave a ceremony, such as at a religious service.

Recession

The act of ceding back; restoration; repeated cession; as, the recession of conquered territory to its former sovereign.

Recession

The state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year

Recession

A small concavity

Recession

The withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service

Recession

The act of ceding back

Recession

The act of becoming more distant

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