What is an Economic Trend? - Definition & Overview

Instructions:

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

question 1 of 3

Which of the following is NOT an example of an economic trend?

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1. What does the unemployment rate measure?

2. Are economic trends interrelated?

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About This Quiz & Worksheet

The financial transactions between companies and consumers in a region or country make up an economy. This quiz and worksheet will test your understanding of the features of economic trends. The quiz will assess you on types of economic trends, unemployment rate measures, and other information discussed in the lesson.

Quiz & Worksheet Goals

Assessments will test you on the following:

  • The relationship of economic trends
  • Measures of consumers' confidence or pessimism in the economy
  • Indications of buying and selling patterns
  • Examples of economic trends
  • The unemployment rate measure

Skills Practiced

Students will practice the following skills:

  • Information Recall- access the knowledge you've gained regarding the unemployment rate measure
  • Knowledge Application- use your knowledge to answer questions about the measures of consumers' reactions to the economy and interpret it accurately
  • Interpreting Information- verify that you can read information regarding economic trends and interpret it accurately

Additional Learning

To learn more about the features of economic trends, review the accompanying lesson, What is an Economic Trend? - Definition & Overview. Objectives covered include:

  • Know what an economy is
  • Define trend
  • Define economic trend
  • Understand GDP
  • Review examples of economic trends
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