Economic Slowdown: Definition & Overview


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What is the best explanation of an economic slowdown?

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1. What's the name of the model of economic fluctuations of which an economic slowdown is a part?

2. If an economy has experienced a decline in GDP for two or more consecutive quarters, it is said to be in a _____ .

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About This Quiz & Worksheet

This quiz and corresponding worksheet can be used to gauge your understanding of economic slowdowns and when they happen.

Quiz & Worksheet Goals

In these assessments, you can expect to be asked about:

  • The definition of an economic slowdown
  • The economic model economic slowdowns are a part of
  • Properties of an economic slowdown
  • How determine the rate of change in an economy

Skills Practiced

  • Reading comprehension - ensure that you can draw the most important information about when economic slowdowns occur from the related economic lesson
  • Information recall - access the knowledge you have gained regarding the best way to explain economic slowdowns
  • Knowledge application - use your knowledge to answer a question about what a decline in GDP for two or more quarters indicates

Additional Learning

For more in depth information on this topic, please read over the lesson titled Economic Slowdown: Definition & Overview. This lesson goes over information that allows you to:

  • Define economic slowdown
  • Identify when a depression occurs
  • Understand how to explain economic fluctuations in the economy