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Definition. A crisis is often linked to the concept of psychological stress and used to suggest a frightening or fraught experience. In general, crisis is the situation of a "complex system" when the system functions poorly (the system still functions, but does not break down), an immediate decision is necessary to stop the further ...
Chinese word for "crisis". In Western popular culture, the Chinese word for "crisis" ( simplified Chinese: 危机; traditional Chinese: 危機; pinyin: wēijī, wéijī [1]) is often incorrectly said to comprise two Chinese characters meaning 'danger' ( wēi, 危) and 'opportunity' ( jī, 机; 機 ). The second character is a component of the ...
Definition. In psychology and psychotherapy, the term "existential crisis" refers to a form of inner conflict. It is characterized by the impression that life lacks meaning and is accompanied by various negative experiences, such as stress, anxiety, despair, and depression.
The Great Depression (1929–1939) was a severe global economic downturn that affected many countries across the world. It became evident after a sharp decline in stock prices in the United States, leading to a period of economic depression. [1] The economic contagion began around September 1929 and led to the Wall Street stock market crash of ...
In the context of climate change, the word crisis is used to denote "a crucial or decisive point or situation that could lead to a tipping point". [5] It is a situation with an "unprecedented circumstance". [5] A similar definition states in this context, crisis means "a turning point or a condition of instability or danger" and implies "action ...
Health crisis. A health crisis is an emergency situation or complex health system that affects the public in one or more geographic areas from a particular locality to encompass the entire planet. Health crises generally have significant impacts on community health, loss of life, and on the economy. They may result from disease, industrial ...
International crisis. The term international crisis is a widespread term without a single common definition. [1] To some, it involves "a sequence of interactions between the governments of two or more sovereign states in severe conflict, short of actual war, but involving the perception of a dangerously high probability of war ". [2]
Crisis management is the process by which an organization deals with a disruptive and unexpected event that threatens to harm the organization or its stakeholders. [1] The study of crisis management originated with large-scale industrial and environmental disasters in the 1980s. [2] [3] It is considered to be the most important process in ...