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Slowdown

/slˈoʊˌdaʊn/
B2
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(noun) A reduction in speed, or a decrease in the level of production, economic activity, etc.

We should not use foreign workers as a buffer against Japan's economic slowdown.
Japan's foreign aid is decreasing in part because of an economic slowdown at home.
CEFR Practice Quiz
The economic ____ led to a significant decrease in consumer spending across the entire country.

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