Come down in the world? (7)

I believe the answer is:

descend

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This might be a double definition.

'come' is the first definition.
(I know that come can be written as descend)

'down in the world?' is the second definition.
'descend' can be an answer for 'down' (thesaurus). I am unsure of the 'in the world?' bit.

Can you help me to learn more?

(Other definitions for descend that I've seen before include "Come down" , "Move downwards" , "Climb down" , "Alight" , "Sink" .)

I've seen this clue in The Globe and Mail.

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