The economy reaches its low point during the Trough stage of the business cycle, where economic activity is at its lowest. This phase follows a Contraction and precedes Expansion as the economy begins to recover. Understanding these stages is essential for analyzing economic patterns. ;
The economy reaches its low point during the Trough stage of the business cycle, which indicates the lowest level of economic activity. This stage follows Contraction and comes before Expansion, marking a recovery phase. Understanding these stages helps in analyzing economic trends.
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