Economic Performace
Other Measures of Performance
Economic Indicators
Visuals
Fun cultural and economic themes
100
This was the longest and most severe economic downturn in U.S. history, lasting from 1929 to 1939.
What is the Great Depression?
100
These signs are used by economics to judge the health of the economy.
What are economic indicators?
100
This set of statistics, such as the Dow Jones Industrial Average and the S&P 500, gives a sense of how healthy the stock market is.
What are stock indexes?
100
This phase of the business cycle is characterized by increasing GDP, low unemployment, and rising consumer confidence.
What is expansion?
100
This theme park chain not only creates magical experiences for kids but also represents one of the largest entertainment businesses in the world.
What is Disney?
200
This is the main reason why measuring an economy’s performance is important.
What is to help individuals, businesses, and the government make informed economic decisions?
200
In the U.S., about half of all people belong to this group, which includes 16 years and older who are either working or looking for work.
What is civilian labor force?
200
The price of a company's stock is influenced by changes in this, which reflects how many stocks are available for purchase.
What is supply and demand?
200
This is the lowest point in the business cycle, where economic activity is at its weakest.
What is a trough?
200
Who sang this famous song "9 to 5," which highlights the struggles and challenges of a working-class job in a capitalist economy.
What is Dolly Parton?
300
This term refers to GDP after the effects of price increases have been removed, giving a more accurate view of economic performance.
What is real GDP?
300
A healthy economy typically has an unemployment rate of this percentage or lower.
What is 5%?
300
This type of market, characterized by falling stock prices and investor pessimism, often signals that real GDP might stall or go into recession.
What is a bear market?
300
Two consecutive quarters of declining GDP is the common definition of this phase.
What is recession?
300
This 1990s cartoon features characters that embody economic principles like scarcity and decision-making, with characters like Mr. Krabs focused on money and business.
What is "SpongeBob SquarePants"?
400
Real GDP is considered a better measure of economic performance because it removes the effects of this.
What is price increase or inflation?
400
When and how long do business cycles last?
What is unpredictable?
400
When investors feel optimistic about the economy's future and stock prices rise, this type of market is created.
What is a bull market?
400
During this phase, inflation is high, GDP growth slows, and unemployment starts to rise.
What is contraction?
400
This popular 2019 movie, based on a real-life story, follows a young man’s rise from rags to riches in the world of stock trading and online business.
What is "The Pursuit of Happyness"?
500
A recession is defined as a period where real GDP falls for this many months or more.
What is six months?
500
This tool tracks the price of 400 commonly bought products to measure inflation.
What is the consumer index (CPI)?
500
This index combines ten sets of data and is used to predict the direction in which real GDP is likely to go.
What is the Leading Economic Index?
500
This term refers to a prolonged period of economic decline that affects the entire economy, leading to high unemployment, a drop in consumer spending, and a decrease in production across industries
What is depression?
500
This famous group sang the 1960s hit "Money can't buy me love," exploring the limits of what money can do.
Who are the Beatles?