-
English
-
Russian
-
English
-
Russian
Economic collapse
Translation economic collapse into russian
economic collapse
The country faced an economic collapse due to poor financial management.
Страна столкнулась с экономическим крахом из-за плохого финансового управления.
Definitions
Economic collapse refers to a severe and sudden decline in the economic performance of a country or region, characterized by a significant drop in GDP, widespread unemployment, failure of financial institutions, and a loss of confidence in the economy, often leading to social unrest and a breakdown of normal economic activities.