大不況
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Meanings
1
major recession; serious depression
General term for a severe economic downturn, not tied to a specific historical event.
When a major recession continues, the unemployment rate skyrockets.
2
Long Depression (1873-1896)
historical term
Historical term referring to the global economic depression from 1873 to 1896.
The Long Depression had a major impact on the global economy in the late 19th century.
3
historical term
Historical term for the worldwide economic depression of the 1930s. Often referred to as 大恐慌, but 大不況 is also used.
See also: 大恐慌
During the Great Depression, many banks went bankrupt.
4
Great Recession (2007-2009)
Refers to the global financial crisis and recession from 2007 to 2009.
Due to the Great Recession, stock prices plummeted worldwide.