불경기

bulgyeonggi
NounTOPIK 2 - Advanced

Definitions

recession; depression
A state in which prices and wages fall, production decreases, and unemployment increases as economic activity is depressed.
사회의 경제 활동이 활발하지 않아, 물가와 임금이 내리고 생산이 줄어들며 실업이 늘어나는 상태.

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Dictionary data from Korean Learners' Dictionary (한국어기초사전) by the National Institute of Korean Language, licensed under CC BY-SA.