A mobile terminal and a control method therefor are disclosed. The mobile terminal includes a body, an input unit configured to sense user input, a display coupled to the body to vary a display region viewed from a front of the body according to switching between an enlarged display mode and a reduced display mode, and a controller. The controller controls output of at least one application on the display in the enlarged display mode, controls output of an editing screen upon receiving a signal for switching to the reduced display mode, and controls switching to the reduced display mode based on a result of the editing screen.