hysteresis
/ˌhɪstəˈriːsɪs/
dependence of the state of a system on its history
hysteresis in a sentence
“Unemployment shows hysteresis; it stays high even after the economy recovers.”
Origin of hysteresis
Greek hystēdēsis shortcoming later lagging behind
Related Words
network effect
phenomenon where a product gains value as more people use it
second-order effect
the consequence of a consequence
resilience
the capacity to recover quickly from difficulties
fractal
a complex pattern where the same pattern occurs at every scale
black swan
an unpredictable event that is beyond what is normally expected and has potentially severe consequences
emergence
the process where complex patterns arise from simple interactions