This is the 9486th most frequent Korean word.
경기침체
"경기침체" means "economic recession."
In this sentence, '경기침체' (economic recession) describes the ongoing state of economic downturn, emphasizing its impact on businesses.
경기침체가 지속됨에 따라 많은 기업들이 문을 닫고 있다.
As the economic recession continues, many businesses are shutting down.
Here, '경기침체' refers to the specific economic conditions that the government aims to address with policies.
정부는 경기침체를 극복하기 위한 새로운 정책을 발표했다.
The government has announced new policies to overcome the economic recession.
In this context, '경기침체' outlines the cause for negative effects such as higher unemployment and lower consumption.