Word Pronunciation & Dictionary

scissors crisis

Word Rarity Rare

Frequency: Zipf frequency 3.54 in modern English

Syllables: scis-sors cri-sis
IPA

18

Scrabble Score

14

Letters

3

Syllables

5

Unique Chars

Meaning

noun

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.

Example Sentences

"Meanwhile, real commodity prices were falling sharply for most non-oil products as the world economy moved into its deepest recession since the 1930s. With the debtor countries also facing a strong and ever-strengthening US dollar in the early-mid 1980s, it is perhaps not surprising that Brazil and Venezuela (in 1983) followed Mexico (August 1982) into default on their debt repayments. All of these countries were caught in a scissors crisis not apparently of their own making."

Inflected Forms

scissors crises (plural)

Questions

What does scissors crisis mean?: 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.

How to pronounce scissors crisis

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