How to pronounce “scissors crisis”

Meaning

• [Noun]
• (economics) An economic crisis caused by price scissors, that is, an unfavourable divergence in the prices paid by a particular group or country for products that it needs as against the prices of the products that it produces.

Practice Nearby Words

price scissors, economic crisis, credit crunch, financial crisis, fiscalamity, siegel's paradox, crash, diseconomy, fiscal cliff, panic, cost-push inflation, contagion, demand destruction, disinflation, panic buying, greedflation, stock market crash, price cut, pinch point, lipstick effect, government failure, inflationary spiral, wage-push inflation, boom and bust, nosedive, demand-pull inflation, banker's ramp, inflation, break, greenflation, supply curve, distress sale, supply and demand, fiscal drag, bertrand's paradox, free-rider problem, black swan event, bubble, consumer price index, falling knife, stagflation, price stability, eurocrisis, wedge, switch trading, middle income trap, diseconomies of scale, adverse selection, bull trap, schumpeter's gale, structural deficit, price control, phillips curve, trade deficit, haircut, downside, budget constraint, giveback, seller's market, trigger pricing, price level, cost saving, belt-tightening, cyclical unemployment, deflation, slumpflation, demand curve, shadow price, market jitters, boom or bust, trade diversion, trading curb, buyer's market, middle-income trap, predatory pricing, moneyscape, polypsony, goods, sacrifice, economics, cobweb model, benefits cliff, budget cut, economies of scale, menu cost, price index, supply-side economics, contingencies fund, consumer surplus, wage drift, liquidity trap, bust, price discrimination, short squeeze, harberger triangle, contract curve, dual economy, equilibrium price, economy, paradox of thrift

Similar Sounds

sorceresses, scissors grip, psychosis, sorcerous, secrecies, sorosis, saccharomyces, sartorius, saragossa, saragosa