Depression (萧条 xiāotiáo) refers to a deep downturn in overall economic activities which lasts for a long time. During the depression, GDP falls significantly, the total output decrease and there is mass unemployment. It is a very severe and prolonged form of recession.
- 萧 (xiāo) as in bleak (萧瑟 xiāosè). 萧 (xiāo) is one type of plant that grows up in decadent, abandoned and lifeless places, which is also the reason that people use the term later to describe a depressed situation.
- 条 (tiáo) as in noodles (面条 miàntiáo), a loaf of (一条 yītiáo) or stripe (条纹 tiáowén).
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