scissors crisis
scissors crisis · scissors crises
An economic crisis caused by price scissors, that is, an unfavourable divergence in…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.
Meaning
1 sensesAn 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.
Forms
plural: scissors crises| Singular | scissors crisis |
|---|---|
| Plural | scissors crises |
irregular