Define Trough

Business Dec 23, 2020

Define Trough.

Expert Solution

A trough is the lowest point in the business cycle. A trough can also be defined as an economic business cycle in which the business activities start to incline as the prices decline before an anticipated or expected increase. During a trough, the unemployment level is at the lowest due to the decline in economic activities taking place in the contraction stage. The trough happens after a contraction (when there is a huge increase in unemployment rates). The best example of the trough point is the point and date that marked the end of the Great Recession (June 2009).

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