Triple Dip Recession

C1 16+

Pronunciation: /ˈtrɪpəl dɪp rɪˈsɛʃən/

Definitions of triple dip recession

noun Dip in this context refers to a downward movement or decline in economic indicators.

Example Sentences

A1 A triple dip recession is when an economy goes through three periods of economic decline.

A2 Some countries have experienced a triple dip recession in the past.

B1 The possibility of a triple dip recession is a concern for many economists.

B2 The government is implementing measures to prevent a triple dip recession.

C1 The effects of a triple dip recession can be long-lasting and difficult to recover from.

C2 Experts are analyzing the potential impact of a triple dip recession on global markets.

adjective Triple is used to indicate the number three or the occurrence of something three times in this context.

Example Sentences

A1 The country is facing a triple dip recession.

A2 The economy is struggling due to the triple dip recession.

B1 Businesses are closing down as a result of the triple dip recession.

B2 Government policies are being implemented to combat the effects of the triple dip recession.

C1 The financial markets are in turmoil amidst the triple dip recession.

C2 Economic experts are analyzing the causes of the triple dip recession.

Examples of triple dip recession in a Sentence

formal The country is facing the possibility of a triple dip recession due to the ongoing economic challenges.

informal People are worried about the triple dip recession hitting us hard.

slang We're bracing ourselves for the triple dip recession that's looming ahead.

figurative The economy is like a rollercoaster, going through a triple dip recession before stabilizing again.

Grammatical Forms of triple dip recession

plural

triple dip recessions

comparative

more triple dip recession

superlative

most triple dip recession

present tense

triples dip recession

future tense

will triple dip recession

perfect tense

has tripled dip recession

continuous tense

is tripling dip recession

singular

triple dip recession

positive degree

triple dip recession

infinitive

to triple dip recession

gerund

tripling dip recession

participle

tripled dip recession

Origin and Evolution of triple dip recession

First Known Use: 2008 year
Language of Origin: English
Story behind the word: The term 'triple dip recession' originated in the field of economics to describe a situation where an economy experiences three periods of negative growth, with brief periods of recovery in between.
Evolution of the word: Originally coined during the global financial crisis of 2008, the term gained popularity as economies around the world struggled to recover from multiple economic downturns. The concept of a 'triple dip recession' has since become a common topic of discussion among economists and policymakers.