economic hardship JUST WRITTEN FOR YOU
/ɪ.kɒ.nɒ.mɪk ˈhɑːdʃɪp/ · e.co.nom.ic.hard.ship
noun
- a state of financial or economic difficulty, often resulting in reduced income or living standards. The family faced economic hardship after the father lost his job.
- a situation in which a country or region experiences economic difficulties, such as high unemployment or poverty. The region has been experiencing economic hardship due to the decline of its main industry.
Synonyms
financial difficultieseconomic difficultieshardshippovertystrugglefinancial struggleeconomic strugglehard timesfinancial hardship
Antonyms
Did you know? The term 'economic hardship' is often used in conjunction with social welfare programs, which aim to alleviate the difficulties faced by individuals and families during times of economic distress.