A recession occurs when overall levels of income and employment decline.
Standard detail
7.
Benchmark
Depth 1Parent ID: 370984F1735D4DED9DF9365CC33EEAAAStandard set: Grades 5, 6, 7, 8
Original statement
Quick facts
- Statement code
- 7.
- List ID
- 7.
- Standard ID
- DF323BCFA26140A891A322A73667FB2D
- ASN identifier
- S2604860
- Subject
- Economics
- Grades
- 05, 06, 07, 08
- Ancestor IDs
- 370984F1735D4DED9DF9365CC33EEAAA
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US