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Stagflation - Meaning, Definition & English Examples

Stagflation is an economic condition combining stagnant growth, high unemployment, and rising inflation. It presents a challenging scenario for policymakers as traditional remedies may not work effectively.

stagflation

/stæɡˈfleɪʃən/ /stæɡˈfleɪʃən/

Definition:

Economic condition with stagnant growth, high unemployment, and rising prices.

Synonyms:

economic slump, inflationary recession, slumpflation

Part of Speech:

noun

Antonyms:

economic boom, prosperity

Common Collocations:

rising stagflation, stagflation crisis, combat stagflation

Derivatives:

stagflationary, stagflate

Usage Tips:

Use "stagflation" to describe an economy with poor growth and high inflation simultaneously.

Common Phrases:

stagflation fears, threat of stagflation, era of stagflation

Etymology:

Blend of "stagnation" and "inflation," coined in the 1960s during economic turmoil.

Examples:

  • 1. The country faces stagflation as prices soar while jobs disappear.
  • 2. Stagflation makes it hard for policymakers to balance growth and inflation control.
  • 3. Many fear a return to the stagflation of the 1970s.
  • 4. High oil prices contributed to the recent bout of stagflation.

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