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crushed economy vs decreasing economy

Both phrases are correct, but they convey slightly different meanings. 'Crushed economy' implies a severe and devastating impact on the economy, while 'decreasing economy' suggests a gradual decline. The choice between the two depends on the level of severity you want to convey.

Last updated: March 22, 2024 • 880 views

crushed economy

This phrase is correct and commonly used to describe a severely damaged or devastated economy.

This phrase is used to emphasize the severe impact on the economy, often indicating a significant downturn or collapse.

Examples:

  • The pandemic has led to a crushed economy with businesses shutting down and high unemployment rates.
  • The war left behind a crushed economy that took years to recover.
  • The financial crisis resulted in a crushed economy with widespread poverty.
  • I hope that a situation never again occurs in which a national economy is crushed with the connivance of the World Bank, in which extortionate conditions are imposed one after the other, and in which public and state-owned enterprises are despicably expropriated or put out of business.

Alternatives:

  • devastated economy
  • collapsed economy
  • ruined economy
  • shattered economy
  • crippled economy

decreasing economy

This phrase is correct and can be used to describe an economy that is experiencing a gradual decline.

This phrase is suitable for describing a situation where the economy is slowly shrinking or contracting over time.

Examples:

  • The country is facing a decreasing economy due to a lack of investment.
  • The region's decreasing economy is a result of declining exports.
  • The government is implementing measures to address the decreasing economy.
  • This would perhaps explain why the past decade was characterised, at least until the outbreak of the crisis, by a sustained rate of growth among emerging economies but a decreasing rate for advanced economies.
  • Reduction of the energy dependence of the Member States would contribute towards improving the publicsector economies by decreasing reliance on external energy sources, while it could also contribute substantially to regional and local development and to the growth of employment.
  • Bearing in mind all those who believe that the EU budget is forever growing out of all proportion, it may also be noted, especially for educational purposes, that we now have a budget whose share of the Member States' economies is decreasing.
  • The collapse of world trade together with decreasing confidence, wealth effects and tighter credit conditions led to a sharp contraction of the Belgian economy around the turn of 2008.
  • Beyond decreasing the productivity of affected populations, epidemics in OCTs are likely to heavily impact tourism, which is a mainstay of many OCTs' economies.
  • We know, for example, that the levels of pollutant emissions are decreasing in the European Union, and they are decreasing because of the structure underpinning the way the economy operates.
  • The collapse of world trade together with decreasing confidence, wealth effects and tighter credit conditions led to a sharp contraction of the economy in the last quarter of 2008 and the first of 2009.
  • This is due to the fact that our debt/GNP ratio is decreasing annually and that our economy has been growing at a steady rate since 1987 with the assistance of two European structural fund programmes.
  • In particular, the collapse of world trade together with decreasing confidence, wealth effects and tighter credit conditions led to a sharp contraction of the economy in the last quarter of 2008 and the first of 2009.
  • It also presents measures to promote a growth- and employment-oriented allocation of resources, in particular by decreasing the weight of the public sector in the economy and by shifting the tax burden from direct to indirect taxation.
  • Overall, the modest rate of increase in the headline HICP in 1998 appears to reflect an environment which is characterised by decreasing import prices and low domestic inflationary pressures, while allowing for some widening of profit margins in the euro area economy as a whole.
  • Ladies and gentlemen, the report duly notes that steadily decreasing populations in the European Union and the continuing tendency of low birth rates are creating numerous challenges for Europe's economy and society.

Alternatives:

  • declining economy
  • shrinking economy
  • contracting economy
  • weakening economy
  • slowing economy

Related Comparisons

weak economy vs poor economy economy vs economics decreasing economy vs wounded economy falling economy vs crushed economy crushing economy vs falling economy social-economy vs economy

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