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单词 scissors crisis
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scissors crisis
scissors crisis n. a period of economic instability in the Soviet Union from 1922–4 in which industrial and agricultural prices diverged drastically, resulting in a reluctance on the part of agricultural workers to sell their produce; (in extended use) any period of economic instability caused by a disparity in prices; cf. sense A. 5.
ΘΚΠ
society > trade and finance > management of money > management of national resources > [noun] > political economy > states or trends of the economy
inflation1821
economic cycle1832
recovery1843
downdraught1852
perfect competition1853
downturn1858
softness1872
slump1888
downtrend1890
sag1891
under-consumption1895
recession1905
downdrift1906
economic recession1908
air pocket1913
stickiness1913
trough1916
deflation1920
downswing1922
slowdown1922
scissors1924
scissors crisis1925
uptrend1926
reflation1932
depresh1933
upswing1934
stagnation1938
countercycle1944
fiscal cliff1957
turn-down1957
stagflation1965
soft landing1973
slumpflation1974
downer1976
1925 Jrnl. Brit. Inst. Internat. Affairs 4 153 The ‘scissors crisis’ of 1923 and 1924, its causes and results are also lucidly explained.
1972 Times of India 26 Dec. 8/5 Entrepreneurs could be tempted to cut back on investments because the scissors crisis would affect their capacity to save.
2012 E. A. Rees Iron Lazar iii. 46 The famous ‘scissors crisis’, reflecting the disparity between agricultural and industrial prices, prompted a crisis in urban-rural trade.
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