What is another word for economic problem?

What is another word for economic problem?

slump; depression; economic crisis.

What is another word for overcoming challenges?

Some common synonyms of overcome are conquer, defeat, overthrow, reduce, subdue, and vanquish. While all these words mean “to get the better of by force or strategy,” overcome suggests getting the better of with difficulty or after hard struggle.

What is another word for financial hardship?

What is another word for in financial difficulties?

hard up destitute
poor as a church mouse economically deprived
financially disadvantaged bankrupted
unfavored unaffluent
crippled in distressed circumstances

What is another way of saying economic?

In this page you can discover 26 synonyms, antonyms, idiomatic expressions, and related words for economic, like: industrial, business, financial, budgetary, commercial, material, productive, globalisation, economic-development, economy and political.

What does economic turmoil mean?

Economic crisis in a situation when the economy has a slowdown of economic activities due to financial/bank crisis, inflation, currency crushes, or sovereign debt.

What does it mean to overcome obstacles?

To overcome is to prevail in spite of adversity, to successfully solve a problem or defeat an opponent, or to be consumed with something. An example of overcome is when you are born in great poverty but become a millionaire.

What are some synonyms for the word overcome?

synonyms for overcome

  • affected.
  • beaten.
  • buried.
  • conquered.
  • defeated.
  • overthrown.
  • swamped.
  • taken.

What is economic hardship?

difficulty caused by having too little money or too few resources: The government is stepping in, recognizing their economic hardship, and paying the interest on their loan for that period.

What is the meaning of financial difficulties?

Related Definitions Financial Difficulty means current or impending financial conditions that impair or may impair the ability of a provider to meet existing or future obligations.

What do you know about economic development?

Economic Development is programs, policies or activities that seek to improve the economic well-being and quality of life for a community. What “economic development” means to you will depend on the community you live in. Each community has its own opportunities, challenges, and priorities.

What is a socio economic crisis?

In a protracted socioeconomic crisis like this one, this means that without work they are a few days away from struggling to bring food to the table and cover the basic needs of their children. It means they will start selling belongings and could even resort to more desperate measures without government support.

What is the difference between financial and economic crisis?

Definition. While a financial crisis is a situation whereby the financial assets’ values fall rapidly in an economy, an economic crisis is a situation whereby a country experiences a sudden downturn due to a financial crisis.

What happens during an economic crisis?

In a financial crisis, asset prices see a steep decline in value, businesses and consumers are unable to pay their debts, and financial institutions experience liquidity shortages.

What are the signs of economic collapse?

Signs of an Upcoming Economic Depression

  • Worsening unemployment rate. A worsening unemployment rate is usually a common sign of an impending economic depression.
  • Rising inflation.
  • Declining property sales.
  • Increasing credit card debt defaults.

How do you overcome barriers and challenges?

However, when faced with challenges in your life, here are 7 tips I’ve learned to overcome obstacles:

  1. Don’t complain. People don’t want to hear woe is me over and over again, especially if you do nothing about it.
  2. Face it head on.
  3. Stay positive.
  4. Be realistic.
  5. Don’t try to out-do people.
  6. Emotional side.
  7. Break it down.

How do you overcome challenges to achieve your goals?

How to Deal With Obstacles to Stay on Track Toward Your Goals

  1. Anticipate possible obstacles to be ready for them.
  2. Set accountable goals – and revise them as needed.
  3. Find an accountability partner.
  4. Journal your way through the problem.
  5. Reframe obstacles as learning opportunities.

How have you overcome the challenges?

10 Ways to Overcome Challenges in Life

  1. Make A Plan. While you don’t know what is going to happen in the future, you can always plan ahead.
  2. Know You’re Not Alone. Every person in this world has their low points.
  3. Ask For Help.
  4. Feel Your Feelings.
  5. Accept Support.
  6. Help Others.
  7. Think Big.
  8. Positive Mindset.

What are examples of economic hardships?

Here are some examples of economic growth challenges that past participants have worked on during the program.

  • High rates of unemployment or underemployment.
  • Increasing inequality, with many not being included in the growth process.
  • High rates of poverty and low growth.
  • Volatile growth dependent on one source.