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Economic catastrophe
Translation economic catastrophe into russian
economic catastrophe
The stock market crash led to an economic catastrophe.
Крах фондового рынка привел к экономической катастрофе.
Definitions
An economic catastrophe refers to a severe and sudden downturn in economic activity that results in significant financial loss, widespread unemployment, and a breakdown of economic stability. This can be caused by various factors such as financial crises, natural disasters, or major policy failures.