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Economic stagnation facts for kids

Kids Encyclopedia Facts

Economic stagnation is when there is a slow economic growth (usually measured in terms of the GDP growth) for a long time. There's usually high unemployment too.

Images for kids

  • U.S. GDP - Real vs. Potential Per CBO Forecasts of 2007 and 2016

    This chart compares U.S. potential GDP under two CBO forecasts (one from 2007 and one from 2016) versus the actual real GDP. It is based on a similar diagram from economist Larry Summers from 2014.

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Economic stagnation Facts for Kids. Kiddle Encyclopedia.