What is Economic Recession? - Definition, Causes & Effects

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

A recession is typically accompanied by a(n) ____________ and a(n) ___________~.

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1. Which of the following can cause a recession?

2. What happens to the national debt during a recession?

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About This Quiz & Worksheet

The causes and effects of a recession can be seen throughout the country in different facets of the economy. This quiz and worksheet combination will test you on some of these potential causes and effects and specific examples.

Quiz & Worksheet Goals

This quiz will test you on:

  • Economic terminology
  • Example of deep recession in the U.S.
  • Results of a recession
  • Potential economic recession origins

Skills Practiced

Prepare to practice these skills:

  • Making connections - use understanding of the impact of a recession
  • Information recall - access the knowledge you've gained regarding the GDP
  • Knowledge application - use your knowledge to answer a question about the U.S. house market and its impact on the economy

Additional Learning

Learn more by studying the accompanying lesson, What is Economic Recession? - Definition, Causes & Effects. This lesson will detail numerous topics, including:

  • Definition of economic recession
  • Four factors that lead to recession
  • Economic recession and the GDP
  • The Great Recession of 2007-2008
  • Various consequences of a recession
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