A Trough Is _______

question 58

Multiple Choice

A trough is _______.

• A) a transition from an expansion in the business cycle to the start of a contraction
• B) a transition from a contraction in the business cycle to the start of an expansion
• C) a depression that lasts more than three years.
• D) only something used by farmers to feed pigs and not an investment term
• E) none of these

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Definitions:

Social Entrepreneurship

A form of entrepreneurship where the primary focus is on addressing social issues and making a positive impact on society, rather than maximizing profit.

Grameen Bank

A microfinance organization and community development bank founded in Bangladesh that makes small loans to the impoverished without requiring collateral.

Microloans

Small, often short-term loans aimed at supporting small-scale enterprises or individuals who lack access to traditional banking services.

Bangladesh

A country in South Asia, recognized for its rich culture, history, and as a rapidly evolving economy.