During which stage of the business cycle do economic activities reach their lowest level?

The stage during which economic activities reach their lowest level is known as the trough. In the business cycle, a trough represents the phase where economic activity slows down considerably, characterized by low consumer demand, high unemployment rates, and a general decline in economic output. This stage follows a recession and typically indicates the bottom point of the cycle before the economy begins to recover. Understanding the trough is crucial as it marks a turning point leading to future expansion and recovery efforts. During this phase, businesses may face significant challenges, but it also opens opportunities for strategic investments and reorganization as the economy begins to bounce back.