Daily Point 2279 - Trough (Trade Cycles)
The Banking Tutor
Daily
Point 2279
Trough (Trade Cycles)
A trough is the lowest point in a business
cycle, marking the end of a recession and the beginning of an economic
recovery. At this point, economic activity, such as GDP, employment, and
consumer spending, bottoms out before starting to increase again. Key
characteristics of a trough include high unemployment and low demand, but it
signifies the turning point from decline to growth.
Sekhar Pariti
+91 9440641014


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