Question

7) When the production of a thing is
maximum, the stage is called
1
Boom
2
Recovery
3
Recession
4
Depression​

Answer 1

Answer:

hope this helps you :)

Explanation:

c) Recession

       is the correct answer

Answer 2

Option 1 is the correct answer.

When the production of a thing is maximum, the stage is called Boom.

1. Boom is a period when production activities are at peak in an economy.
2. Sales are also increase during this period output, income,prices, profit, employment,  and interest rates are also high during this period.
3. It lasts from medium to long term.