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Glossary entry

English term or phrase:

economic downturn

Slovak translation:

hospodársky pokles

Added to glossary by Kristína Stupárková
Apr 24, 2020 12:55
4 yrs ago
11 viewers *
English term

economic downturn

COVID-19 GBK English to Slovak Bus/Financial Economics
Definition from Market Business News:
An economic downturn, or a downturn, occurs when the value of stocks, property, and commodities fall, productivity either grows more slowly or declines, and GDP (gross domestic product) shrinks, stands still or expands more slowly. An economic downturn is part of the economic cycle, i.e., the natural fluctuation of the economy between periods of growth and contraction. We sometimes refer to the economic cycle as the trade cycle or business cycle. In most cases, a downturn refers to the downward movement on the graph. However, analysts and the press sometimes use the term when talking about a slowdown in growth.
Example sentences:
For those who actually lose their jobs in a severe economic downturn, and for those who work in industries affected, deaths have been shown to go up. (Al Jazeera)
Spending on video game TV ads is increasing, despite the economic downturn (Tech Spot)
Coronavirus: Renters ‘more at risk from economic downturn’ (BBC)
Proposed translations (Slovak)
5 +2 hospodársky pokles
4 ekonomický pokles
Change log

Apr 18, 2020 00:07: changed "Kudoz queue" from "In queue" to "Public"

Apr 24, 2020 12:55: changed "Stage" from "Preparation" to "Submission"

Apr 27, 2020 13:55: changed "Stage" from "Submission" to "Selection"

May 4, 2020 13:55:

May 4, 2020 16:54: changed "Stage" from "Selection" to "Completion"

May 6, 2020 06:24: Kristína Stupárková Created KOG entry

May 6, 2020 06:24: Kristína Stupárková changed "Edited KOG entry" from "<a href="/profile/1641079">Kristína Stupárková's</a> old entry - "economic downturn"" to ""hospodársky pokles""

Proposed translations

+2
3 days 2 hrs
Selected

hospodársky pokles

Definition from Wikipedia:
Hospodársky pokles, čiže recesia, je časť hospodárskeho cyklu (2. fáza), kedy dochádza k poklesu výstupu ekonomiky a zamestnanosti a rastu nezamestnanosti v súvislosti s hospodárskou krízou
Example sentences:
Komisia a Rada posúdia opatrenia, ktoré sa prijali na riešenie hospodárskeho poklesu v súlade so zásadami stanovenými v pláne na oživenie hospodárstva. (Odporúčanie Rady)
Kľúčovým cieľom verejnej podpory výskumu, vývoja a inovácií by malo byť zabezpečenie toho, aby sa hlavne počas hospodárskeho poklesu zachoval tok inovácií a aby sa zjednodušovalo prijímanie technológií. (Stanovisko EHSV)
Rumunské kapitálové a finančné trhy sa nedávno dostali pod zvýšený tlak, čo je odzrkadlením globálneho hospodárskeho poklesu a rastúcich obáv o stav rumunského hospodárstva vzhľadom na jeho veľký vonkajší deficit a rýchlo rastúci deficit verejných financií. (Rozhodnutie Rady)
Peer comment(s):
agree František Tomášik
3 days 21 hrs
agree Kristina Karabova
7 days
Something went wrong...
4 KudoZ points awarded for this answer.
5 hrs

ekonomický pokles

Definition from own experience or research:
keď sa nám menej darí zarábať bubáčiky
Example sentences:
Koronavírus spôsobí najhorší pokles ekonomiky od Veľkej hospodárskej krízy (sme.sk)
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