demoralisation

noun demoralisation

• discouragement — an act or instance of discouraging.
• deflation — Deflation is a reduction in economic activity that leads to lower levels of industrial output, employment, investment, trade, profits, and prices.
• undermining — to injure or destroy by insidious activity or imperceptible stages, sometimes tending toward a sudden dramatic effect.
• depression — A depression is a time when there is very little economic activity, which causes a lot of unemployment and poverty.
• dejection — Dejection is a feeling of sadness that you get, for example, when you have just been disappointed by something.