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Such a point is usually referred to as a 'trough' in economics, due to the shape of a graph indicating the high and low points of an economy (typically by GDP, etc).

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12y ago
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12y ago

maximum growth phase

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Q: What is the low point of a recession called?
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Related questions

What is difference between depression and a recession?

A recession is a low point in the economy. A depression is an extreme low point in the economy that lasts a long period of time. We are at a recession, in the 1930's their was a depression in the US.


What do we call a period of low economic activity when a lot of people lose their job?

This is usually called a recession.


What do we call a period of low economic activity when a lot of people lose their jobs?

This is usually called a recession.


What is a recession start date called?

The date at which a recession starts is called a peak.


When economic activity in an economy declines it is called?

== == == ==


What is called low point of the waves?

The low point of a wave is called the trough, which is the lowest point of a wave where the displacement is at its minimum. This is the point where the wave reaches its lowest value below the equilibrium level.


What is the low point of a mountain range called?

A low point in a mountain range is called a pass or a saddle. It is a gap between two high points that allows for easier travel across the mountain range.


Which of these is not a cost of recession?

low unemployment


What is the name of the low point of a wave?

troughits called a trough


What do we call a period of low economy activity when lot of people lose their jobs?

It is called a recession. If it lasts longer than three of four years it is called a depression.


What is a low point of a wave?

Its called the "trough"


What is a period of temporary business reduction shorter and less extreme than a depression?

This is often called a recession.