scissors crisis
scissors crisis 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.
Noun
scissors crisis (plural scissors crises)
- 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.
- 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...1993, Stuart Corbridge, “Ethics in Development Studies: The Example of Debt”, in Frans J. Schuurman, editor, Beyond the Impasse: New Directions in Development Theory, →ISBN, page 126
Forms of scissors crisis
| plural | scissors crises |
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Questions about scissors crisis
- What does scissors crisis mean?
- Scissors crisis means 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.
- What part of speech is scissors crisis?
- Scissors crisis is a noun.
- What is the plural of scissors crisis?
- The plural of scissors crisis is scissors crises.
Words near scissors crisis in the dictionary
Source and license
Adapted from Wiktionary: scissors crisis (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “scissors crisis.” Word.ws, https://word.ws/scissors_crisis. Based on Wiktionary, CC BY-SA 4.0.
