LingakuAlsoちょうきふきょう
- prolonged recession; depression; protracted economic slump
noun (common) (futsuumeishi)
Generated: This term refers to an extended period of economic decline, characterized by a decrease in production and consumption. It often indicates a serious and prolonged downturn in economic activity, affecting various sectors of the economy.
Companies were forced to go bankrupt due to the effects of the prolonged recession.