stagflation
🇺🇸
/stæɡˈfleɪʃn/
🇬🇧
/stæɡˈfleɪʃn/
A situation in the economy where prices keep going up (inflation) but there are not more jobs or business growth.
During the 1970s, many countries faced stagflation, which made it hard for people to find jobs and for businesses to grow.
1970년대에 많은 국가들이 쇠퇴를 겪었으며, 사람들이 일자리를 찾거나 기업이 성장하기가 어려워졌습니다.